AUD/USD Technical Analysis – Bullish Price Development

forex-news-aud_1AUD/USD shows bullish momentum within the symmetrical broadening wedge. The pair rallied sharply after a double bottom near $0.60 and reclaimed the $0.64 level. Volatility from Trump-related headlines caused sharp swings but failed to break the bullish structure. The price recently tested resistance at $0.65 and pulled back to retest at $0.6450. RSI remains near 57, showing moderate strength. A breakout above $0.6530 could extend gains, while support at $0.6450 must hold to maintain bullish momentum.

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