AUD Trading Outlook (23-01-2013)

Australian Dollar (AUD) the AUD/USD was very quiet compared the other majors with a small rally towards the topside resistance near 1.0580. The market is waiting for the CPI data which is important for the RBA which is a inflation fighting central bank. UPDATE Q4 Australian CPI at 2.2% vs. 2.4% y/y.

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