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http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11956582&ref=rss

Red alert: Australia's economy in trouble Australia was been warned about its debt.

http://www.spiegel.de/international/world/donald-trump-tax-plan-worries-europe-a-1182383.html =rss

U.S. Economy: Trump Tax Plan Worries Europe - SPIEGEL ONLINE - International Trump is hoping that his tax reform will make the United States a more attractive place to do business. Germany and the rest of Europe, though, could emerge as the losers.

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Australian GDP is expected to be pure

0.3% before

0.8% predicted

That's 0.5% difference

If the 0.8% should be achieve as analyst forecasted it, that's bullish into ausie

But lower than 0.3% will make my thinking on audusd remain more valid

So my expectation goes like this :- 👇🏼

If price maintain itself below 0.7988 at the close of today, I will short down the pair down to lower trendline.

And if the trendline break should occur, am going down to 0.77.

Audusd is preparing to close below 0.7988

If that happen today, then we should be experiencing sell tomorrow

Sellers are holding their ground @0.7990 on AUDUSD

Though, the area represent 2004 and 2005 swing high. So it make it become more respectful

On daily chart, we are having diamond formation. As a result of sellers been pushing the price back as buyers are fighting to push price higher.

Though, for now i can't say up or down

But sellers has been doing a very good job lately

Bearish Engulfing pattern on 1h today also make us to know sellers are still around

Rising wedge breakout found on Gbpaud, follow the arrow. Otherwise, buy above 200ema

Mark those area of support and resistance on Gold and keep making ur dollar from one level to another

Wait for proper price action within the circled area before u hit ur sell button

Sell at that point may be worth considering

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