The AUD/USD pair has broken out of a rising channel on the 4-hour chart, indicating a potential move lower in the near future. Despite the breakout, the short-term trend remains bullish, suggesting a possible recovery after the expected decline. The pair is likely to fall to a target of 0.6506 based on the channel breakout, with further downside potential to 0.6485. However, there is a chance for a recovery, with a move above 0.6574 signaling a continuation of the uptrend towards new highs.