During the overnight Asian session, there was a release of Australian CPI data, indicating that inflation remains stable at 3.4%, which is slightly below the expected 3.5%. Consequently, we can anticipate that this news could potentially drive the Aussie lower on maybe dovish RBA, who may try to follow other dovish CBs.
![AUDUSD ELLIOTT WAVE bearish triangle](https://cdn1.wavetraders.com/wp-content/uploads/2024/03/image-4.png)
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