Australia's GDP rose 0.20% in the second quarter, compared to a forecast of 0.30%. The annual Q1 GDP grew by 1% in line with the estimate.
The decline was mainly led by Household spending fell by 0.20% detracting 0.1 percentage points from GDP growth. Total Investment fell 0.10% in the June quarter.
Major resistance- 0.6875
Near-term resistance - 0.6750
Minor support- 0.6680,0.6620
Trend reversal level- 0.6350


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