AUDUSD Technical Analysis – The USD remains in the driving seat ...Middle East

Fundamental OverviewThe USD rallied across the board last Friday following the hot US NFP report. The market priced out all the aggressive rate cuts expectations and it’s now finally in line with the Fed’s projections.This week, the greenback extended the gains as the market started to price in some chances of a pause in November. The focus remains on the economic data. Today we get the US CPI report. We will likely need a hot report to see some more downside in the pair, while a miss could see the pair rising on the market paring back the hawkish expectations. AUDUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that AUDUSD is trading right in the middle of two key leve

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AUDUSD Technical Analysis – The USD remains in the driving seat ...Middle East

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