Australia’s central bank said the currency’s decline and past interest-rate cuts meant its policy setting was appropriate even as it maintained room for future reductions, according to minutes of its July 2 meeting. German ZEW Economic sentiment and core consumer price index in the U.S are the major news for today .
Trade Idea
EURUSD
4h break below 1.3010 level could lead price to 1.2915 . Alternative a break above 1.3085 targets 1.3160.
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