Deutsche Bank's top trade for this week (23 January)!

Deutsche Bank presents its top forex trading idea for this week (starting 23 January 2017).

"We see bearish risks on the AUD/USD, with the release of the Q4 core IPC report compared with the 1.5% year on year consensus. If this materialises, the AUD should be vulnerable in light of neutral rates, tense technical terms, and the recent reconstruction of long positions.

We are selling the AUD/USD at 0.7560 with a target at 0.7350 and a stop at 0.7650."