Overall, AUD/USD marginally broke the lower bound of the six-month trading range of 0.6459 – 0.6900 when it traded at 0.6554.
If the price fails to run lower in the next few sessions, it might be regarded as a false break. That scenario may also indicate that a Double Bottom could be in place.
Nearby resistance could be at a cluster of breakpoints and prior peaks in the 0.6595 – 0.6615 area. On the downside, support might be near the recent lows of 0.6486 and 0.6459.