Audusd W chart always down read the caption
zone around the 0.6050 level following the hot US CPI report. We continue to have a rangebound price action between the 0.6051 support and the 0.6151 resistance. The buyers will likely step in here with a defined risk below the support to position for a rally back into the resistance. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the 0.56