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AUD/USD On Shaky Ground Ahead Of Key Australian CPI, US FOMC

Discussion in 'Technical Analysis' started by Kaitlin, Jul 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    AUD/USD rebounded on Tuesday ahead of critical Australian inflation data scheduled for Wednesday morning in Australia, as well as the highly-anticipated FOMC rate decision out of the US on Wednesday afternoon. Australia's quarterly Consumer Price Index (CPI), a major inflation indicator, has a consensus forecast of +0.4% for the second[​IMG]

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