Top Trade Idea 2020: Short AUD/USD, Ranging USD/CAD

Share: The AUD/USD rebound following the 2019 currency market flash-crash has been capped by the 200-Day SMA (0.6909), with the exchange rate staging multiple failed attempts to break/close above the moving average throughout the year. The behavior looks poised to persist in 2020 as a similar scenario takes shape in Continue Reading