Comments on: AUD/USD: Sad days when market is excited by a 20 pip move https://fxww.com/audusd-sad-days-when-market-is-excited-by-a-20-pip-move/ The Professional Source Tue, 22 Jan 2013 03:44:24 +0000 hourly 1 By: zenfxtrader https://fxww.com/audusd-sad-days-when-market-is-excited-by-a-20-pip-move/#comment-14796 Tue, 22 Jan 2013 03:44:24 +0000 http://fxww.dreamhosters.com/?p=4737#comment-14796 Yeah, the AUD has become a really dead pair. On the long term charts, it has been in a slowly compressing triangle between 1.06 – 1.02, which has now narrowed t o1.06-1.04. Daily ATR which used to be ~100 is now down near the 50 level, and many days we get only 20-40 pips movement. I have stopped trading this pair, at least until it breaks out of this triangle.

]]>