AUD/USD stumbles on expectations for a Fed pivot after softer US inflation data AUDUSD Majors Macroeconomics Inflation UnitedStates
, though tilted to the downside. For a bearish continuation, sellers need to reclaim the March 24 swing low at 0.6625, exposing the YTD lows at 0.6564. Once cleared, and the path towards November 10 at 0.6386 is on the cards. On the flip side, if buyers crack 0.6700, that could keep them hopeful that the AUD/USD could test 0.6800 in the near term.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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