Fundamentally, the macro analyst I follow sees this pair going through the roof. His accuracy is over 90%.
Trading this pair is now a matter of trend following. If there wouldn't be fundamental reasoning, I wouldn't even look at a chart like this. I don't think that more than 1% of people who speculate on this pair make money. The moves are more chaotic than the moves in Eurusd.
I'm going to journal the trades that I'm going to take in the comment section of this chart.
Trading this pair is now a matter of trend following. If there wouldn't be fundamental reasoning, I wouldn't even look at a chart like this. I don't think that more than 1% of people who speculate on this pair make money. The moves are more chaotic than the moves in Eurusd.
I'm going to journal the trades that I'm going to take in the comment section of this chart.
