Wow, that risk aversion is a bummer. Supposedly AUD is falling due to increased risk aversion for commodity driven currencies due to posted 8 billion pound loss (article) for the Bank of Scotland.
Small retracement going on at the moment. I was predicting up to the 26.3 Fib 0.66758 from the last high but it seems to already be turning back south.
Small retracement going on at the moment. I was predicting up to the 26.3 Fib 0.66758 from the last high but it seems to already be turning back south.
Making Pips is easy, loosing them is even easier!