Video Archive: AudUsd Formed A Temporary Low
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June 06 2012
NFP release on Friday June1st was the trend changer for now, from risk off to risk on mode. We call this a temporary recovery, in which high yielding currencies will normally be the strongest. Aud/Usd recovered almost 300 pips from its recent low, most since Feb 29 2012.
In fact, we notified our members about thsi recovery already on Friday, and what we anticipated in this week. Find our more in video below:
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