AUD/USD Consolidates Above 0.7000, Bearish Potential Intact
AUD/USD trades in a narrow range during the Asian session after mixed Australian inflation data, with bearish potential still intact as it hovers above the 0.7000 two-month low.
AUDUSD
The AUD/USD pair is oscillating in a tight range during Wednesday's Asian session, showing little movement following the release of mixed Australian inflation figures.
The pair remains above the 0.7000 level, which marks a two-month low, and the bearish potential is still considered intact according to market observers.
Source: FXStreet Forex News