Here is the plan, if we get a better than expected CPI data, we should see an instant appreciation of AUD by at least of 40 pips within the hour, but if we get a worse than expected number, AUD should drop and we should expect the market to consolidate. Of course, the deviation that I am looking for must be at least 0.3%, or I will skip the after news trade… On a minimum release of 1.1%, I would buy AUD/USD after a decent retracement. If we get a 0.5% or worse release, I’d SELL AUD/USD immediately
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