AUD/USD had fallen and then gained around 10 pips each way on the Aussie data which arrived as follows:

Dec balance goods/svcs A$+5,223 mln, s/adj (Reuters poll: a$+5,950 mln).

Dec goods/services exports +1 pct m/m, seasonally adjusted.

Dec goods/services imports +2 pct m/m, seasonally adjusted.

Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance.

Australia Retail Sales excluding inflation for Q4: -0.5% QoQ (expected 0.3%) vs 0.9% prior.

Australia NAB Business Confidence (Q4): -1 (prevR -1) vs -2 prior.

Source : Fxstreet