Aussie Versus Dollar and Euro February 6th

FX Strategy Video > Currency Pairs Analysis

AUD/USD rose again for the Friday session, and managed to reach over the top of the shooting star from the Thursday session after a stronger than expected Non-Farm Payroll report came out. The pair looks like a buy, but a pullback would make doing so much easier at this point.

EUR/AUD had been consolidating recently, but a busted hammer and a move below the 1.22 level looks to continue the fall in this pair. Makes sense - which would you rather own: the Aussie, or the Euro?

Published on 4th of February 2012
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time