The AUDUSD has seen a volatile, back-and-forth session, but in the last several hours the downside has taken control. The selling pressure pushed the pair beneath the 50% midpoint of the August low to recent high move, at 0.6560. That level, along with the top of the nearby swing area up to 0.6567, now serves as a risk-defining zone. Staying below keeps sellers firmly in control.

On the downside, the market is eyeing a critical hurdle: the 100-day moving average at 0.6531. A break below there would expose the next support at the 61.8% retracement of the same August rally at 0.6526. Clearing both would bolster seller confidence and open the door to deeper downside momentum.

The technical roadmap is straightforward: sellers hold the bias below 0.6560/67, with downside focus on 0.6531 and 0.6526 as key inflection points.