AUD/USD continues its bearish momentum, trading just above 0.6600 amid sustained selling pressure. Technical indicators show lower highs and a downward-sloping 20-period SMA on the 4-hour chart, signaling persistent downside risk. Key support levels to watch are 0.6600 and 0.6580, while resistance remains near 0.6620. Market sentiment is influenced by weaker risk appetite linked to concerns over China’s economic outlook and expectations of prolonged Fed hawkishness supporting the US Dollar. A break below 0.6600 could accelerate declines toward 0.6535 and 0.6500.

AUD/USD maintains a bearish trend, trading near the key 0.6600 level amid sustained selling pressure. Resistance holds near 0.6650 while attention focuses on whether support at 0.6600 will break. US dollar strength and cautious Fed signals continue to weigh on the pair’s outlook. Further declines could target 0.6570 and 0.6525.