THIS NIGHT: AUSTRALIA’S GDP!
Dear traders,
This night, at 4:30 (Kiyv), there will be Australia’s GDP!
Leading analyst of Ester A. Hanzenko writes:
“The AUD/JPY cross-rate, despite the general correction of the Australian currency, continues to maintain an upward trend, which is limited to the level of support at 83.40-83.00, while the market expects tomorrow’s data on Australia’s GDP, against which the correction of Australian is traced.
Restrained or positive data on Australia are likely to resume growth of the pair and will open the way to resistance levels: 84.20 and 84.50. On the other hand, the resumption of risks on the reduction of stock exchanges and weak data on Australia may cause a stronger decline in the Australian dollar to support levels: 82.80 and 82.50.” see information on the charts >>>
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