The (AUDUSD) price settled on a decline in its recent intraday trading, affected by leaning on the critical support at 0.6355, providing some of the positive momentum to attempt to recover some of its previous losses, to offload its clear oversold conditions on the (RSI) indicators, especially with the emergence of the positive signals from them.

This comes amid the dominance of a bearish correctional wave on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure that is caused by its trading below its EMA50.

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