As a new forex trader I am learning the hard way. Trading and mostly losing.
The learning curve to play is fun, to win is mind bending.
After studing the charts of the aud I am trying to decide if will it go to 70 or 66 next. Trend says 70 and in normal trade this would happen. The us can not lower interest rates, we can. If we look like lowering rates the dollar will drop.
We need to test .6874. I think we will rise until talk of the next rate drop.
imho
boom
