NOW , cadjpy IS falling .
Looking at the current market, USDJPY, USDAUD will fall in the next one months.
This can be the main market trend.
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Maintain the direction of buying AUDUSD
AUDUSD is starting to turn in an upward direction;
The first wave of AUDUSD’s rise has basically reached the target position (previous resistance area), waiting for the second wave;
USDX adjustment nature of the rise has reached the target, will fall, can buy EURUSD;
USDX adjustment nature of the rise has reached the target, will fall, can buy EURUSD;
AUDUSD IS better.
Reviewing the market this week, I found that EUR is the reliable base. aUDX has met strong resistance and has little momentum to the upside. It is NZD that is currently cooperating with EUR’s rise.
Next week, I’m going to adjust the overall strategy and go long EURX, depending on the individual currencies.
In the medium term, buying AUDUSD remains a good strategy.
NOW, audusd , audchf are rising.
Wrong.
Stop. Take a week off.
I have analysed the relationship and believe that USD has a big wave of upside ahead of it.
As of right now, the USDX has started to have a downward state.
only the present, not the future
Waiting to sell eurjpy.
I’ve become a reverse indicator.