AUD/USD: strong support based on Australian GDP data. Fundamental analysis as of 02.06.2016

Forex analytics: Despite a sharp decrease in foreign trade deficit (the data on Australian balance of trade in April were published at 03:30 GMT+2 today), the Australian dollar dropped because of the fall of Japan's stock indices, Australia's biggest trade partner. Japan's Nikkei Stock Average closed down 2.3%, which is a second consecutive downward closure. The yen was bought on the assumption that the Bank of ...