AUD - BEARISH
1️⃣ Westpac's August consumer sentiment showing a downturn in morale and Q2 wages sub-consensus for the weakest y/y rate of growth in 27 years.
2️⃣ Victoria added 410 fresh cases and a further 21 deaths on Wednesday, while neighboring New Zealand was plunged back into lockdown as four people from a household in Auckland, the country’s largest city, tested positive on Tuesday.
USD - BULLISH
1️⃣ Lack of progress in negotiations on a new coronavirus relief package worried investors, with Republicans and Democrats exchanging accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.
2️⃣ The US consumer price inflation rate picked up to 1.0 percent year-on-year in July 2020, recovering further from May's four-and-a-half-year low and beating market expectations of 0.8 percent.
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TECHNICAL
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- We shorting on SBR level + SMA50 area.
- AUDUSD in bearish zone.
1️⃣ Westpac's August consumer sentiment showing a downturn in morale and Q2 wages sub-consensus for the weakest y/y rate of growth in 27 years.
2️⃣ Victoria added 410 fresh cases and a further 21 deaths on Wednesday, while neighboring New Zealand was plunged back into lockdown as four people from a household in Auckland, the country’s largest city, tested positive on Tuesday.
USD - BULLISH
1️⃣ Lack of progress in negotiations on a new coronavirus relief package worried investors, with Republicans and Democrats exchanging accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.
2️⃣ The US consumer price inflation rate picked up to 1.0 percent year-on-year in July 2020, recovering further from May's four-and-a-half-year low and beating market expectations of 0.8 percent.
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TECHNICAL
=====
- We shorting on SBR level + SMA50 area.
- AUDUSD in bearish zone.
Trade closed: stop reached