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JuanHernandez
May 26, 2017 12:30 AM

Buy in the rumor, sell in the fact USD- GDP Short

Australian Dollar/U.S. DollarFXCM

Description

Tomorrow the GDP from USA is expect to be better than the previous, so I in my current view the USD dollar is bullish. For the AUD dollar, it s has been one of the weakst currency after a ratings downgrade on China renewed concerns about the economic strength of Australia’s key trading partner. So, I sold AUDUSD in the break out of the triangle.
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