The Australian GDP report 5206.0 is slated for release in about an hour's time. The last quarter's release (contraction of 0.5%) coincided with a pretty big drop in the exchange rate against the USD. This round, analysts are predicting a positive report, so it might be a good time to go long. Still, let's wait till the release is out, and cross check against generic price action and RSI.
Yours,
X
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