I’m no AUD specialist, I take positions on all the important currency pairs so if the AUD pairs are trending I’m going to be in there.
The nice thing is its highly speculative. So it won’t just be going the other way to CHF and JPY, it will be going the other way with real energy. Few large players will want to be seriously accumulating AUD whilst doing the same with CHF and JPY.
Which is why I often find AUD/USD disappointing in trending terms. AUD/NZD is hardly ever one of my best set-ups (I am on a win rate of just 5 out of 13 on this over the last 3 months) though I can’t bring myself to delete it from the target list.
Right now I am short AUD/CAD and AUD/JPY, I have pending sell orders on AUD/CHF and AUD/USD and a pending buy order on EUR/AUD. Hoping for a happy week starting Monday.