Both of these currency pairs have moved a long away against carry positions.
It might be time to consider shorting some AUDNZD and going long some NZDUSD. Take a look at the dailies [daily charts] and see if you think some type of reversal is in the works.
As always, remember I'm a carry trader, so I'd buy a small position that I'd be happy to hold for the long term in the event that I was mistaken.
Showing posts with label audnzd. Show all posts
Showing posts with label audnzd. Show all posts
Sunday, June 8, 2008
Thoughts on AUDNZD and NZDUSD
Posted by FOREX Rookie
at
4:50 PM
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