TDMarkets

AUD/USD Short (Short term) Technical, Macro

AUD/USD Short (Short term) Technical, Macro

On January 25, 2017, Posted by , In Uncategorized, By , , With No Comments

AUD USD

We see a negative aspect to this weeks Q4 core inflation print relative to the 1.5% y/y expected by both the market and RBA.

Should this happen, AUD would be vulnerable given neutral rates pricing half of the year, stretched short term technicals and recently rebuilt long position.

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