FX:AUDUSD   Australian Dollar/U.S. Dollar
55 2 1
Nothing to add here. everything is on the chart.
just a question, if AUD goes down, what's the correlation of that with EURAUD. I'm thinking that's going to go down too! isn't this contradictory?
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Basically there are two ways for EURAUD to go lower while AUDUSD is bearish.
1) EURUSD moves to the downside FASTER than AUDUSD = EURAUD to the downside.
2) EURUSD moves to the downside SLOWLY and AUDUSD does nothing (range) = EURAUD lower.
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