AUD/USD Technical: Potential Residual Push Down Within Bullish Reversal Configuration

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<p>The price actions of AUD/USD have started to oscillate within an impending “Descending Wedge” bullish reversal configuration. The emergence of the “Descending Wedge” coupled with positive reading seen in the daily RSI momentum indicator indicates its current medium-term downtrend phase from the 3 February 2023 high may be coming to its tail-end. In the short [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525373-aud-usd-technical-potential-residual-push-down-within-bullish-reversal-configuration/">AUD/USD Technical: Potential Residual Push Down Within Bullish Reversal Configuration</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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