AUD/USD: Play 60/70 pip spikes either side after China CPI

I don’t think the Chinese CPI will have any lasting effect on financial markets so I’d look to play spikes either side in the AUD/USD.

0.9180/90 should cal any rallies initially whereas if the market turns bearish again, I’d expect .9050/60 to provide solid support.

Leave a Reply

Your email address will not be published. Required fields are marked *