The currency array indicator reveals so many things!

And it’s back to the EUR/AUD trade which is developing nicely and moving up to test there resistance areas we considered earlier in the forex trading session. The currency array indicator reveals this beautifully across the timeframes, and here we have isolated out the EUR to display how the trends are developing for the EUR/AUD and related pairs. What this indicator also reveals is whether the buying in the euro is universal across the complex. If so, the risk on the trade is lower.

About Anna 2015 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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