AUDUSD long – stopped out at 1.0519; -25 pips

2.45 gmt

I had moved the stop on this trade up to 1.0519 prior to the China GDP data release. Although the data appears to be supportive of growth in China, implying upside for the AUD, this pair barely budged. After about half hour it dropped below 1.0520 and hit my stop.

Closed AUDUSD long at 1.0519, -25 pips, -6.2%.

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