Monday, March 31, 2014

AUDUSD gearing up for a bearish mean reversion correctional move | Forex Crunch

AUDUSD gearing up for a bearish mean reversion correctional move | Forex Crunch: "The Australian Dollar has been a great performer during the last two weeks of trading, with the AUDUSD daily chart pushing into higher highs. The rapid acceleration into higher prices as caused the market to gap away from the mean value, creating a situation where the market considers the price to be ‘too expensive’."



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