AUD/USD: Mixed Technical Picture Eyes US Inflation Data for Direction Signal

<p><img width="445" height="388" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-aud7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>AUDUSD edged higher in early Thursday’s trading, underpinned by much better than expected Australian trade data and risk mode in stock markets. Strong rejection of the pullback from 0.6871 (Dec 28 peak) and pivotal Fibo support at 0.6641 (38.2% of 0.6270/0.6871 rally points to still strong bids, though more work at the upside will be […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534870-aud-usd-mixed-technical-picture-eyes-us-inflation-data-for-direction-signal/">AUD/USD: Mixed Technical Picture Eyes US Inflation Data for Direction Signal</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>