The AUD GDP q/q is a quarterly release and considering recent market trend on AUD and the general direction of the USD, I would use caution and trade in the direction of the market only. There should be no bias going into this release as AUDUSD is currently in a balanced state, in my opinion.
Here is the forecast:
7:30pm (NY Time) AUD GDP q/q Forecast 0.7% Previous 0.8%
The Trade Plan
I’d recommend using the Recommended Pairs from above as they are based on my CSM, which should provide the best combination of currency pairs to trade based on better/worse news… of course, you can also trade the default pair: AUDUSD.
AUD GDP q/q | December 5, 2017 | Currency News
December 3, 2017 by Leave a Comment