I believe the CPI data coming out will not be good news for the AUD. However we will have an initial shot to the bullish side followed by a move to the downside for the rest of the week. All my analysis shows that DXY is ready to pump back to that 111 range.
Note
DXY is due to pullback along with decent data from AUD CPI means we still wait.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.