AUD/USD: DeMarker and Sequential Reversal Signals Combined with Key Technical Levels

Technical Picture:

⬇➡Downward impulse in a sideways market
⬆DeMarker made an unsuccessful attempt to enter oversold
⬆Sequential formed an 8 and indicates the end of the short count, suggesting a corrective impulse is running out
⬆Price action shows two consecutive bars with spikes around 0.6650, supporting a rebound from current levels
⬆Rebound from 65 SMA
⬆Rebound from 38.2 FIBO

Conclusion:
I expect the price to test the resistance of the mini-trend channel and 23.6 FIBO of the last upward impulse around 0.671. If it breaks above these levels, the price will likely target an upward test of psychological resistance and the local high around 0.68.

Alternative:
If the price breaks below 38.2 FIBO and 65 SMA around 0.665, the downward impulse will likely accelerate, and the price will probably target a test of 200 SMA around 0.662.

Fundamentals:

The bank consensus for Q4 is around 0.68-0.69, supporting a rebound from current levels.

Median projection shows an increase in the cross to levels of 0.70 by Q3 2025.

Point of control around 0.672-0.674 attracts the price for a test. If it breaks above the upper boundary of the value area around 0.676, the price will likely target the TPO Projection Line around 0.68, which provides resistance.