Trader, analyst and instructor with a 6-year experience

Forex trading plan for Dec. 12

On Friday the currency market will be influenced by Chinese industrial production data. The figure is expected to have slowed from 7.7% to 7.6%. If Chinese production has really slowed, pressure on the commodities – Aussie and kiwi dollars will resume. Aussie dollar could easily break below the current support of 0.8220.

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