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elroytrader1
Jan 18, 2017 3:26 PM

$ITI ($TIOc1) leading $AUDUSD 

Australian Dollar/U.S. DollarFXCM

Description

People focus on XCUUSD as being a proxy for AUDUSD, but iron ore is equally important. Note how ITI is leading the Aussie here, so go long AUDUSD
Comments
johnm600
Hi there from Oz,
I'm curious about this correlation.
I cant find XCUUSD or ITI on Free Stock Charts.com list box.
Can you help me with a cleaerr description
You talk of Iron as an audusd proxy and I'm wondering if it's in the above 2 codes or a 3rd thing without a specific code ?
I looked up ITI and found they provide traffic information which does not appear relevent to the AUDUSD relationship.
I look forward to your reply.
Cheers
John
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