Additionally, it did also break a and currently is retesting it as a . If AUDUSD fails to break back above, then we can expect further downside movement.
Watch the pair closely and only sell when you see a clear candle close below the current .
Fundamentals to look out for during the week.
1) USD CPI m/m (Tue)
2) USD Core CPI m/m (Tue)
3) AUD Employment Change (Thu)
4) AUD Unemployment Rate (Thu)
5) USD Core Retail Sales m/m ( Fri )
6) USD Retail Sales m/m ( Fri )
Risk ONLY: 2-3%