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The commodity currencies all moved to new lows vs the USD, but have seen rebounds. What next?

The commodity currency pairs - the USDCAD, AUDUSD and NZDUSD - all raced to new lows vs the stronger USD after the hotter than expected CPI data. However, there has been a bounce that now threatens that move in the short term at least.  IN this video, I look at the price action and show what would ruin the USD buying party vs these commodity pairs today and explain why.
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Permanent link to this article: https://snbchf.com/video/commodity-currencies-all-moved-new-lows-usd-seen-rebounds-next/

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