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Key Points
- UK September CPI falls short of expectations at 1.7%, raising hopes for a BOE rate cut by the end of the year
- Rising Trump risks contribute to dollar strength
- Expectation for a 25bp rate cut by the ECB in October
- Anticipation of a 25bp rate cut by the Fed in the November FOMC meeting

Economic Indicators
- October 17: Eurozone September CPI, ECB rate decision, U.S. September retail sales

Chart Analysis
AUDUSD is showing strong downward pressure near the 0.69400 level. It has currently dropped to around 0.66500, a region considered to be within the support zone. There is potential for further pressure down to the 0.66000 level, but a rebound towards the 0.69000 level is expected afterward.

However, if the price breaks below the 0.66000 level contrary to expectations, I will promptly adjust the strategy.
Support and ResistanceTrend AnalysisTrend Lines

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