- How to Trade the AUD/USD in 2020 - Forex Trading Strategy
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How to Trade the AUD/USD in 2020 - Forex Trading Strategy
The markets have proven to be incredibly turbulent in recent months, and many currency pairs have seen major price swings, but possibly none more than the AUD/USD in 2020. As you can see in our video, trading the Aussie Dollar in these volatile times is totally possible, and it can have very lucrative returns when traded responsibly, and with finesse.
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In my opinion, the most important thing for any business working person is management. So just having strategy is not enough but having it monitored and having the numbers right is vital. It is where I consider Stockologi as ideal option to help myself. A truly wonderful creation as it is easy to use portfolio tracker and in simpler terms, all in one spreadsheet to simplify managing my investment. With able to get all data in proper place with higher level of accuracy, it works nicely for everyone involved!
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Australia is a relatively calm country from a geopolitical and economic point of view, so the AUD/USD currency pair does not experience sudden price spikes. Btw, traders should use a good broker for trading this and in this case FreshForex will be really good as they are 100% regulated.
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