Top Trades for AUDUSD

Have you been following forex developments after the US presidential election? Here is how much you could earn by trading Australian dollars.

The Australian dollar (AUD) weakened against the US dollar (USD) in February after a period of growth following the US presidential election.

• Based on our AUDUSD technical analysis released on February 27, 2017 you could sell 100,000 AUD with 1:100 leverage at the exchange rate AUDUSD 0.764 on March 2, 2017 by investing 764 USD (margin for this position).
• Close the position on March 9 at the exchange rate AUDUSD 0.75.
• Therefore, by investing just 764 USD, you could earn 1372.40 USD (net of $27.6 swap charge), that is increase the investment about 179%.

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