$AUDUSD offers a very interesting long setup here, good risk/reward and probability in the daily timeframe.
Overall, it should act as a proxy for global growth, and it's a good currency trade to ride waves of risk on/off sentiment in equities.
Best of luck,
Ivan Labrie.
Overall, it should act as a proxy for global growth, and it's a good currency trade to ride waves of risk on/off sentiment in equities.
Best of luck,
Ivan Labrie.
Trade closed manually:
We might see a continued dollar rally, this isn't looking good at all for emerging markets.
Comment:
Missed the buy back opportunity here sadly, but I did buy GDX the day DXY topped.