'Hot' AUD CPI

CPI in Australia was forecast higher. And it came in even higher than expected. Which created a very nice 'in the moment catalyst trade during the Asian session.

Unfortunately, I was fast asleep when it happened and although it's tempting to jump on the momentum right now, I'm going to wait for some 1hr support to form before feeling confident in placing a trade. My preference will be other JPY or CHF short.

Feel free to email any questions: johnelfedforexblog@gmail.com