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📉AUD/USD H1 Bearish Scenario – Trendline Breakdown Confirmed! The AUD/USD pair has decisively broken below its ascending channel support, signaling a potential shift in momentum. Technically, this break invalidates the recent bullish structure, with price rejecting the 0.66200 resistance zone and failing to maintain higher lows. The breach below 0.65600 strengthens the bearish outlook, with price now targeting the 0.64700 demand zone. 🔍Fundamental Insight: The Australian dollar remains under pressure amid a weaker-than-expected inflation report, reducing expectations of further RBA rate hikes. In contrast, the US dollar is gaining strength as recent Fed commentary leans hawkish following persistent labor market resilience and sticky services inflation. These macro dynamics add fuel to the bearish sentiment for AUD/USD. 📰Recent Headlines: • 🇦🇺 CPI y/y cooled to 3.2% vs 3.5% forecast • 🇺🇸 Fed officials reiterate “higher-for-longer” stance • Commodity weakness adds further downside pressure on AUD