AUDUSD - Short - Pre Payroll

2019-12-05 21:37:02

We still see AUDUSD moving lower as AUD third quarter GDP quarter on quarter GDP came through at 0.4% versus 0.5% forecast. Additionally, negative news surrounding trade talks between the US and China could lead to the currency pair dropping towards the 0.67 but we are awaiting payrolls for any significant price action.