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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
EUR/AUD has started to evolve into a short-term uptrend reinforced by a clearance of the 200-day moving average
The EUR’s intraday weakness seen in the past two days is not as pronounced as the AUD which in turn gives an opportunity for the EUR/AUD cross pair to evolve into a short-term bullish trend in place since the start of this year; it has rallied by +440 pips/+2.7% from its 2 January low of 1.6129 to current intraday high of 1.6570 at this time of the writing.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero