Pip.Gawd

AUD/USD Buy Opportunity

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
The upward trendline is still being respected by price after the USD surged for a moment on the back of strong Core CPI numbers this morning and strong PPI numbers yesterday. There are still geopolitical risk in sight for the US at the moment, so expect the AUD to appreciate back above .80 and maybe even retesting the .81 handle before retracing.

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