The recent 5% rebound seen in the AUD/USD from its 3 February low is likely to be a minor corrective rebound. The medium-term downtrend phase of the AUD/USD in place since its 30 September 2024 high of 0.6943 remains intact. Watch the 0.6215 potential downside trigger level of the AUD/USD. RBA’s less dovish stance and […]
The post AUD/USD Outlook: Technical Factors Supporting a Potential Aussie Dollar Bearish Move appeared first on Action Forex.
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