I`ve tried to explain this type of thing many times - i think there is not an 100% correct answer because if there was, we all would trade the same way. The bottom line is foreign exchange trading is not cause and effect trading. Currencies lead and lag and relationships sometimes heavily correlate and other times [...]
Foreign exchange trading is not cause and effect trading
Source: www.aforexloser.com
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FOREX-Dollar slips after gains made on US jobs data
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Distribution of USD/JPY daily high and low during a day
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