AUD feeling the love again after CPI-led tumble

Aussie $ in fine recovery form after falling in Asia 31 Jan

AUDUSD has now posted session highs of 0.8117 after falling to 0.8046 from 0.8100 in Asian trading on weaker Aussie CPI-data

A solid recovery to retrace and filling any gaps but sellers still poised around 0.8120 as per my order board post and the range is maintained for the moment. Gold steady too after an AUD-supporting rally from $1336 to $1345.

Sell high, buy low or vice versa as you wish but great two-way pips to be had.

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