Aussie: Range-bound 'til further noticeAUD/USDTASTYFX:AUDUSDpragmatiqAs expected, DXY revisited last week's lows after the Jackson Hole meeting where Powell hinted at rate cuts and re-assured us that the jobs numbers are less important than inflation data. We now understand that 2% inflation could be long gone and that the loss of jobs, doesn't mean the loss of money, because of the early adoption of AI. I know of a local US tech shop that laid off 3 engineers in an attempt to replace their function with GPTs. It's not off to a great start, but hey they're saving $400k a year for now. The job data has long-term implications that I believe have yet to fully unfold, so let's ignore for now. AUDUSD should be bullish until at least September 17. I believe the cut has already been priced in, explaining the dip sub 97 for DXY to find a bottom. My plan for the next few weeks is to trade the ranges you see in the chart. I'm buying dips above .6460 and bearish below that point.