AUD/USD Technical Analysis: Structural BreakAustralian Dollar/US DollarFX:AUDUSDfullpriceactionThe AUD/USD daily chart confirms a major breakdown of the recent bullish trend. After failing to clear the critical resistance zone at 0.7150, price action has aggressively breached the lower boundary of the rising wedge pattern, signaling a shift in market sentiment. This clean break below the diagonal trendline invalidates the previous uptrend and opens the door for a deeper correction. Currently trading at 0.6869, the pair is exhibiting strong bearish pressure. The primary technical scenario favors a pullback (retest) toward the 0.7000 psychological level—now acting as a key resistance—before a further decline. The main downside target is set at the major horizontal support around 0.6700, a high-liquidity zone that previously served as a breakout point. As long as the price remains below 0.7050, the outlook remains strictly bearish.