AN EYE ON AUDUSD
AU manage to hold its level when both EU and GU fall down dramatically. Do look at the daily chart to see what I mean.
Some of your might not understand what it means and so do I :) Dont worry, the longer you are in Forex the more info you will filter out. This is coz some things are not worth understanding.
The reason I am pointing this out is when a pair is making a stand like AU, you can actually use it to your advantage. Advantages such as:
1. The next time AU decide to fall down there is a high probability the EU and GU will crash but there is a limit to everything.
2. The next time EU and GU start to climb, AU will fly.
Keep that in mind coz I do. I am waiting for the AU to fall or fly.
Some of your might not understand what it means and so do I :) Dont worry, the longer you are in Forex the more info you will filter out. This is coz some things are not worth understanding.
The reason I am pointing this out is when a pair is making a stand like AU, you can actually use it to your advantage. Advantages such as:
1. The next time AU decide to fall down there is a high probability the EU and GU will crash but there is a limit to everything.
2. The next time EU and GU start to climb, AU will fly.
Keep that in mind coz I do. I am waiting for the AU to fall or fly.
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