Australian GDP growth surprised to the upside with 0.9 percent in the first quarter of 2015 over the previous quarter but it was the worst 2.3% on year over year basis in the last six quarters. AUD/USD rose by more than 40 pips after the announcement. However, I decided to sell it at the highs as investments declined.
I am going to sell Euro if it goes out of the channel. Danske Bank entered short from 1.093, targeting 1.0739 with a stop loss at 1.1015...
we might see some unwinding today especially if US-Ts fall, so better stay aside as EUR/USD may retrace due to month end flows as well.