Australian Dollar / U.S. Dollar
Long
Updated

AUD/USD Trade Idea

208
We anticipate ourselves to Australia's CPI news on Wednesday looking for buying opportunities.
Depending on the results we will see either a continuation to next resistance or a retracement to previous support.
Trade active
Despite the bullish momentum in the market and good results on CPI, we see a lack of volatility and price has not reached the target. In case on a failure on climbing, we can expect a retracement to previous support.

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