By IFCMarkets
Smaller decline in Australia’s inflation bullish for AUDUSD
Australia’s consumer inflation slowing was less than expected in the first quarter of 2020: the CPI rose 0.3% over quarter in Q1 after 0.7% growth in the last three months of 2019, when a 0.2% growth was expected. This is bullish for AUDUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Sell |
| Order | Buy |
| Buy stop | Above 0.6546 |
| Stop loss | Below 0.6485 |
Market Analysis provided by IFCMarkets