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AUD/USD Signal-AUD CPI (QoQ) (Q1)- 26 April 2022

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Signal Details
Entry Price: 
0.71882
Take Profit: 
0.70007
Stop Loss: 
0.72943
Direction: 
Sell
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AUD/USD is trading to the downside today prior to the AUD CPI (QoQ) (Q1). The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. We anticipate a bearish move down to level 0.70007.

Submitted by John F. on Tue, 26 Apr 2022 13:26:51 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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