AUDUSD: Price Can Correct During the U.S Retail Sales Data
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AUDUSD: Price Can Correct During the U.S Retail Sales Data
Today the main event for the U.S is the Retail Sales data.
If we will have any surprise we may see the price to move down again and it can be ready for the next bullish move.
On the other hand AUDUSD increased more than expected and it can begin a bearish correction soon. The U.S economy is still strong for the other currencies to rise in this way.
Also the actual pattern it is not ready yet. We have to wait for fo the price to correct before the next move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.