USD/CHF steadies around 0.9320 amid uncertainty over the US inflation

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USD/CHF steadies around 0.9320 amid uncertainty over the US inflation
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USD/CHF steadies around 0.9320 amid uncertainty over the US inflation By Sagar_Dua24 USDCHF Fed Inflation CPI InterestRate

AUD/USD forms a potentially bullish hourly structure with the price recovery from fresh daily lows marking higher territory into the 0.7420s. The bulls will be looking to guard 0.7420 old resistance as fresh support for a continuation into the Frankfurt open with an objective to close above 0.7432 as being the current 4-hour resistance structure.The price of gold has inched higher on Tuesday in mixed market sentiment in Asian markets on Tuesday. As the Frankfurt open approaches, the price is 0.

price is in a tough spot but its latest directional cue will decide which camp it favors - the bulls or bears. price has sliced through a crucial support level at $83.46 and undone its gains. The recent downswing has pushed it below a long-standing trend line, indicating a bearish outlook. This is a shorter trading week for the Easter public holiday, however, there are some key data releases to watch out for and as we have mentioned in recent notes, the markets are being driven by fundamentals at this stage of the cycle, so keeping up to date with political and economic data is critical.

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