AUD/USD has cleared above the key 200-day moving average now acting as a near-term support of 0.6595. Consensus estimates are expecting a softer AU monthly CPI for October (5.2% vs. 5.6% Sep) for tomorrow, 29 November. Recent hawkish rhetoric from newly appointed RBA governor Bullock has narrowed the discount yield spread between the 2-year AU […]
The post AUD/USD: Bullish Breakout Ahead of Monthly AU CPI Data appeared first on Action Forex.
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