AUD/USD breaks below key MAs as sellers take control near 0.6530

AUD/USD has declined below critical technical levels, trading near 0.6520 as sellers push the pair beneath the 100 and 200-bar moving averages on the 4-hour chart. These key MAs, clustered between 0.6528 and 0.6540, now act as resistance, signaling a shift in near-term momentum. The bearish tone intensifies as price action remains confined within the established downward channel, with recent movements respecting this technical formation. Traders are monitoring whether the pair can reclaim the MA resistance zone, which would be necessary to neutralize the bearish outlook. Immediate support lies at the channel bottom near 0.6500, while a break below could accelerate losses toward 0.6480. The technical setup suggests sellers maintain control as long as prices stay below the 0.6540 resistance cluster, with the channel structure providing a clear framework for short-term trading opportunities.