RAPID UPDATE AUD/USD TP @: 0.72660 SL @: 0.73140 Hard | Focal Community Group (FXSignals)

RAPID UPDATE
AUD/USD
TP @: 0.72660
SL @: 0.73140

Hard to believe that some investors sold the USD yesterday first after the CPI numbers. The USD weakening first was a heavy trap for many traders, especially technical traders and many retail traders, who often do not understand the correlations, between CPI numbers in conjunction with the expectation and possible impact on the bond markets / central banks. The AUD/USD is the perfect pair to remain LONG in the USD today. We already brought home a very strong USD LONG yesterday. We set a tight SL for our position.