US GDP Data Could Impact EUR/USD and AUD/USD if Stronger Than Expected

U.S. GDP data release on Thursday could impact EUR/USD and AUD/USD if stronger than expected.

Strong U.S. economic data may boost the dollar against EUR and AUD.

Solid GDP may reinforce expectations of higher interest rates for longer from the Fed.

This could lead to further losses for EUR/USD and AUD/USD in the near term.

Key technical levels to watch for EUR/USD include 1.0550, 1.0510, and 1.0625. For AUD/USD watch 0.6300, 0.6170, and 0.6350.