AUD/USD Strengthens After US CPI Data
24 days ago
Iniciador de discusión Ubicación: Indonesia
Unido en: 2 years ago
AUD/USD continues its upward trajectory, surpassing the 0.6300 barrier as bullish momentum builds. US inflation data came in lower than expected, raising speculations about an earlier than expected Fed rate cut. Trade tensions continue to persist as the US presses ahead with new tariffs, raising concerns about global economic growth. Technical indicators show improving bullish momentum, with AUD/USD eyeing the 0.6360 resistance zone.
24 days ago
Everyone were scared for the initial reaction of AUDUSD shortly after the inflation news but the bullish trend still prevails. The last week high of 0.63630 is still my preferred destination.
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