tomorton

Legendary member
7,287 974
Its an interesting idea and I've tried to see this in the past - using NZD as an indicator of the likely direction of AUD. Unfortunately I haven't been able to see such a precise relationship.

Actually in contrast I find AUD pairs can be used as a "mean" for NZD pairs - e.g. if the AUD basket of pairs is consistently bullish, about half (no more) the NZD pairs might decline into bearish territory but will be repeatedly drawn back into bullish performance.
 

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