UPDATE: AUDUSD trend reversal?
Good afternoon everyone. :) The AUDUSD is also having a good buying momentum just like the NZDUSD due to their positive correlation and thanks to GOLD uptrend movement since it must be the biggest contributing factor for today. As long as the GOLD can maintain the 1500 price level then most likely both AUDUSD and NZDUSD will have an upper hand against the bears. The AUDUSD 0.6800 resistance might be tested either tomorrow friday or next week once the 0.6750 resistance is broken.
Hello Mate
yeah mate there is the relation between these assets, by the way now both of these pairs are looking bullish and both of these pairs has tested their strong demand zone, I think you should not ignore this better opportunity and you must have to trade at this asset now because the risk is very low now and reward is so big
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