Daily Market Analysis 12.04.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.74451 with take profit at 0.74562 Bearish Preference: Sell position is envisaged if price trades below 0.74192 with take profit at 0.74056 Fundamentals:USD  1:30PM    CPI m/mUSD  1:30PM    Core CPI m/m Comment: The AUD/USD pair has attracted some bids around 0.7400 after displaying a steep fall from …

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