AUD/USD Technical: Potential Minor Countertrend Rebound in Progress

<p>Medium-term downtrend phase of AUD/USD has reached an oversold condition with downside momentum easing. Key short-term support to watch will be at 0.6385. Intermediate resistance at 0.6490. The price actions of AUD/USD have been oscillating in a medium-term downtrend phase in place since the 17 July 2023 high which has been reinforced by the bearish […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/516131-aud-usd-technical-potential-minor-countertrend-rebound-in-progress/">AUD/USD Technical: Potential Minor Countertrend Rebound in Progress</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>