Ella 
In early European trading on Tuesday, AUD/USD regained the round number of 0.6500, while extending the rebound in the Asian market to the lowest level since November 2022.
The pair fell to its lowest level since 2023 the day before after broad risk aversion weighed on the pair, which serves as a risk barometer.
However, the recent RBA August meeting minutes and mixed top data from Australia and China have allowed traders to rebound and correct from the 0.6460-55 support area, which includes the low in late May and the low of the previous day.
Technically, failure to close above 0.6458 and RSI close to oversold will trigger the pair’s latest rally.
However, the 10-day moving average at 0.6530 and the 61.8% retracement of the October 2022-February 2023 rally around 0.6550 will limit the pair’s short-term rebound.
After that, the resistance line from a month ago and the June and July lows near 0.6570 and 0.6600 respectively will be the focus for AUD/USD bulls to regain control.
On the other hand, a close below the 0.6460-55 support area could quickly drag the spot price down to a September 2022 low at 0.6365 and then a late 2022 bottom at 0.6170.
