We are looking for a deviation between 0.3% from the forecasted figure of 2.8%. Therefore if we get a 3.1% on the fourth quarter GDP, it would be US Dollar positive. We will BUY USD/CHF. However, if we get a 2.5% release or worse, then we would be SELLING USDJPY. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.
Thanks for comment...Dear I am new in Forex Market and try my best to trade according both fundamental & technical analysis...
Need your cooperation...to survive here..