AUD/USD Price Analysis: Bulls home in on the 0.7000s

• AUD/USD bulls tale control and have the 0.7000s clocked. 
• There is a bullish bias on the time frames with 0.7005 eyed for the session ahead. 

As per the prior analyses, AUD/USD Price Analysis: Bulls eye a break of 0.6980 or face a move lower, and, AUD/USD bulls cheer a less hawkish outcome at the Fed, the bulls stay in control.

AUD/USD, daily & H4 chart, prior analyses

From a 4-hour perspective, below, the price had almost completely mitigated the price imbalance between 0.7003 and 0.7013 which left the scope for a bearish correction,  prior to the next bullish impulse. 

AUD/USD live market

The price is playing out according to the above analysis as per the 4-hour chart above. If 0.7005 gives, then 0.7013 and the 0.7050s will be eyed. 

From an hourly perspective, as per the chart above, the broadening formation is worth acknowledging and currently favours the upside.