AUD/USD: Bullish Breakout Ahead of Monthly AU CPI Data

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<p>AUD/USD has cleared above the key 200-day moving average now acting as a near-term support of 0.6595. Consensus estimates are expecting a softer AU monthly CPI for October (5.2% vs. 5.6% Sep) for tomorrow, 29 November. Recent hawkish rhetoric from newly appointed RBA governor Bullock has narrowed the discount yield spread between the 2-year AU […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/529309-aud-usd-bullish-breakout-ahead-of-monthly-au-cpi-data/">AUD/USD: Bullish Breakout Ahead of Monthly AU CPI Data</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>