Tooday before the publication of data, the price came down again below the support which is now a few weeks - move among substantially sidewardly. Australians are satisfied with the current situation - the economic condition at so we can expect further gains in the currency pair in future weeks - means of early termination overrated aussie did not affect its levels. At the present moment we are in a medium neutral direction but I think it stems from good data last week from the us market and significant levels resistance and support .
U$ data much below forecast .
13:30 | USD | Gross Domestic Product Price Index | Low | 1.3% | 1.3% | 1.6% | |
13:30 | USD | Gross Domestic Product Annualized | High | -2.9% | -1.7% | 2.6% | |
13:30 | USD | Durable Goods Orders ex Transportation | Med | -0.1% | 0.4% | 0.4% |