Forex technical analysis: AUDUSD GDP to be released in the new trading day via ForexLive

China Manufacturing PMI will also be an influence  The Australian GDP for the 1Q will be released at 0130 GMT/9:30 PM ET with the expectations that QoQ growth was 0.8% while YoY came in at 2.8%. This compares to 0.6% for the 4Q and 3.0% YoY.  Yesterday, the Net exports component of GDP was released and it added 1.1% to GDP vs 0.7% estimate.   The median estimate for GDP was 0.6%. It has been bumped up on the data.  The AUDUSD rallied strongly on the news.

posted via ForexLive