Wave Trader

Silver bounced back up we still can see another leg higher on GOLD

We sold AUDUSD and NZDUSD previously from top and had some good drop on it. Both making new recent highs offering to counter them again. The reason both are pushing higher while EURUSD and GBPUSD falling is that market is expecting that AUSTRALIANS and NEW ZEALAND inflation won’t fall faster. But the most likely outcome will be same like we are having in EU and UK inflation.

We are having better UK inflation numbers and GBP is down on that watch EURUSD to follow up the GBPUSD.

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