Aussie fell sharply. Forecast as of 01.05.2024

AUDUSD's rapid rally ended with the bulls' defeat. The pair plummeted amid an unexpected decline in retail sales in Australia, significantly reducing the likelihood of RBA rate hikes. Let's discuss this topic and make up a trading plan.Weekly Australian dollar fundamental forecastStable Australian inflation in the first quarter led to significant changes in the market's outlook on the cash rate's fate. The chances of a rate cut in December were minimized, while the probability of the RBA re