EXNESS - Analytics

    EXNESS

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    AUDUSD: growth after the publication of macroeconomic statistics for China

    Buy on a level breakthrough of 0.7491 with 0.7595 target. Stop loss = 0.7441.

    Reason for the trading strategy

    Today's statistics on China is supporting risky assets. In annualized terms, in Q2, China's GDP 2015 increased by 7% against the forecast of 6.8%, the June figures of industrial production, retail sales were also better than expected.
     

    AUDUSD, H4

    AUDUSD


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