AUDUSD: FOMC more likely to be dovish with soft CPI

515
Hey traders, with current CPI below expectations it is clear that the next FOMC will be less tightening which will lead to more of a bearish USD and bullish AUDUSD, in today's trading session we will be monitoring AUDUSD for a buying opportunity around 0.67 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.

Disclaimer

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.