The 4-hour chart for AUD/USD shows that the price has been trading within a symmetrical broadening wedge pattern since early 2025.
The consolidation within this wedge forms a strong bullish price structure, where a break above $0.6450 could initiate a strong surge higher. Moreover, a break above $0.6500 would likely trigger a long-term bullish rally. The RSI is consolidating above the mid-level, indicating a positive trend.
