Negative prospects for the Australian continue to deepen after another study on the Australian economy. This time by Thompson Reuters, on the development of the two main economic indicators, GDP and CPI.
2018: + 3.2%
Technical AUD remains under pressure and in a long-term downward trend relative to major currencies. Currently, prices indicate a possible adjustment in favor of the Australian, which in the future may provide good opportunities for adding short positions.
Trader Petar Milanov