I meant the 2 pairs AUD/USD and NZD/USD. Sorry for the confusion! In addition to the pennant which is a continuation of the downward trend I heard on the radio just now coming from work that commodity polices fell like crazy today including gold. AUD is a commodity based economy so maybe that was the reason for the drop in addition to the increasing strength of the USD.
Am I delirious? Am I figuring this right? Help please LOL!
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