Key Highlights Bitcoin price crashed below the $60,000 and $58,500 support levels. BTC is trading below a key bearish trend line with resistance at $60,500 on the 4-hour chart. Ethereum tested the $2,850 support before there was an upside correction. Gold prices started a downside correction from the $2,392 level. Bitcoin Price Technical Analysis Bitcoin […]
Australia’s monthly CPI has increased to 4% from 3.7% in April, a sign of a sticky and elevated consumer inflationary trend. The odds of an RBA interest rate in the near-term horizon have reduced which increased the yield premium of 2-year Australian government bond over JGB. AUD/JPY is likely on a path of bullish acceleration […]
The post AUD/JPY: Aussie Outperformance With Hotter AU CPI appeared first on Action Forex.
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