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Sunday, October 4, 2009

Which is the best currency pair to trade, after a bear market?

While there is no right or wrong we would like to explain and show you why we prefer the AUD/USD and the NZD/USD against the rest of the pairs.

1) The charts present smooth trends. For example on the following chart you can easily
see the AUD/USD’s clear trends, compared to other volatile charts.

2) Both the countries are yielding a higher interest compared to other countries -
this attracts investment.

Over the last couple of months the AUD/USD and the NZD/USD have presented phenomenal trends. To date, both the economies are beginning to show signs of stability, something that could lead to an additional rally.

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