Some currency pairs are more predictable than others. Here are my top 5:
- AUD/USD
- EUR/GBP
- NZD/USD
- EUR/USD
- USD/CHF
More predictable currency pairs are currency pairs that “play by the rules” of technical anlysis. For example, if there’s a distinct resistance line or support line, then the pair will usually bounce when getting to close. Or, if this pair crosses the line, it does it “big time”, and makes a big move.
Unpredictable currency pairs tend to be hesitant, suddenly surprise and are hard to analyze. They make traders suffer. I find the USD/JPY to be the worst.
What are your most predictable and least predictable currency pairs?
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