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Same as for AUDUSD and NZDUSD For AUDUSD you felt scared as fodex had tails on the 200EMA upwards and could not break it. Understanding cointegration for forex pairs trading Cointegration is helpful for me in forex pairs trading because it lets me program my mechanical trading system based on both short-term deviations from equilibrium prices as well as long-term price expectations, by which I mean corrections and returning to equilibrium.
Ideally technical support for a bounce would be near 9200, and pay additional tax of 80,000 (i. 11 (472013) On H4 we see that the price is still working the 10 days triangle.
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