The AUD/USD pair is demonstrating a significant Bullish recovery on the 4-hour timeframe. After a period of consolidation and a successful retest of lower support levels, price action has surged back toward a major structural ceiling. We are currently observing price hovering just below the 0.71530 mark, which has acted as a historical turning point.

The overall sentiment remains Bullish as the pair continues to print higher lows, supported by the moving averages. A clean breakout and candle closure above the indicated resistance will confirm the shift in market dynamics, clearing the path for a move toward 0.72150 (TP1) and eventually 0.72620 (TP2). Traders should look for the RSI to maintain its positive slope above the 60 level to provide additional confluence for this upside momentum.