EURAUD and EURNZD, both good for shorts
I think that from all the currencies that I’m monitoring, the EURAUD and the EURNZD are the clearest of them all.
Take a look at their long term charts. Here is the EURAUD for instance:
A few days ago it broke through an important support level. So if you are keen about going short, take a look at these two crosses.
Remember there is a strong positive correlation between these two pairs, I’d only take a trade on one of them.
What do you think?