Hello traders, welcome to another market breakdown.
AUDUSD is trading around very important level, where bears are expected to take over. I'll be closely watching for a shift of structure at CPI numbers tomorrow.
The price is still can push higher, however, the monthly structure is still bearish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.