The Australian Dollar trades around 0.6590 on Thursday. The daily chart analysis indicates that the AUD/USD pair tests the lower boundary of an ascending channel, which suggests a weakening bullish bias. Additionally, the 14-day Relative Strength Index (RSI) is positioned slightly below the 50 level, confirming the reinforcement of a bearish momentum.

In terms of support, the lower boundary of the ascending channel around 0.6590 serves as an immediate support level for the AUD/USD pair. A break below this level could lead to testing the nine-day Exponential Moving Average (EMA) at 0.6580, followed by the throwback level at 0.6575. If the pair falls below this support region, it could reinforce a bearish outlook, potentially driving it toward the throwback level at 0.6470.