AUDUSD 4 HOUR CHART – CPI ALERT
NEWSQUAWK PREVIEW AUSTRALIAN CPI (WED):
NEWSQUAWK WEEKLY OUTLOOK SHOWS A FORECAST FOR A DROP IN CPI WITH ONE BANK CALLING FOR A BIGGER DROP THAN THE CONSENSUS.
THIS MAY OFFER AN OPPORTUNITY FOR A TRADE – SEE SUPPORTS BELOW
ON THE UPSIDE A FIRM BREAK OF .6800 WOULD LEAVE A VOID OF ABOUT 100 PIPS UNTIL THE NEXT TARGET.