Properly of us, the Australian GDP numbers got here in stronger than anticipated on the headline, however as we dig into the small print and have a look at what markets are literally doing, the image will get significantly murkier. Let’s stroll by what occurred and why AUD/CHF would possibly provide the cleanest risk-reward for these contemplating a short-term bearish setup—although we’ll be upfront: this can be a low-conviction surroundings that calls for flexibility and tight danger administration.
