The AUD/USD Forex signal is currently showing a highly optimistic outlook before the release of the US CPI data. The Australian dollar has been performing well against the US dollar in recent weeks, and this trend is expected to continue.
Investors are eagerly awaiting the release of the US CPI data, which is expected to show a rise in inflation. This could lead to a rise in interest rates, which would be positive for the US dollar. However, the Australian dollar is expected to remain strong, as the Australian economy has been performing well.
The AUD/USD Forex signal is showing a bullish trend, with the Australian dollar expected to continue to rise against the US dollar. This is due to a number of factors, including strong economic growth in Australia, a stable political environment, and a strong demand for Australian commodities.
Investors are advised to keep a close eye on the US CPI data, as this could have a significant impact on the Forex market. However, the overall outlook for the AUD/USD Forex signal remains positive, and investors are advised to take advantage of this trend.
