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Shorting The AUDUSD With A Trend-Following Strategy

by Neville Hornsey
3 December 2021
in Forex
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The AUDUSD is a good trend following currency pair, as the macroeconomic picture generally takes a while to pivot from being bullish or bearish. Australian commodity exports benefit from increased global activity and then suffer when there is a global slow down. The AUDUSD has been in a downtrend for a couple of months, yet retail traders are looking to catch this falling knife. Here is why you shouldn’t!

For more trading details, please check the hyperlinks with time stamp indicated from the video:

1:34 US DOLLAR INDEX

7:58 GBP/USD

Tags: AUDUSDGBPUSDUS DOLLAR INDEX
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