I have noticed that most of the times where the DOW drops, ASX drops, AUD drops but USD goes up. In my opinion, AUD could potentially drop to parity or in nervous 90s in case of a correction. It dropped over a cent against USD last night.
Could anyone please share with me their opinion on taking a position in the USD and shorting the AUD?
daytrades april 19 pre-market, page-49
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