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JoeChampion
Dec 13, 2022 2:53 PM

AUDUSD: FOMC more likely to be dovish with soft CPI Long

Australian Dollar/U.S. DollarFXCM

Description

Hey traders, with current CPI below expectations it is clear that the next FOMC will be less tightening which will lead to more of a bearish USD and bullish AUDUSD, in today's trading session we will be monitoring AUDUSD for a buying opportunity around 0.67 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
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