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EURUSD and AUDUSD Toe the Line for Bear Trends as Risk Drops

EURUSD and AUDUSD Toe the Line for Bear Trends as Risk Drops

2012-09-26 02:43:00
John Kicklighter, Chief Strategist
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Finally, some headway on risk trends. After a week of strained congestion at multi-year highs, the benchmark S&P 500 slipped support and spurred risk-sensitive EURUSD and AUDUSD to life. The biggest drop in investor sentiment three months and it occurs from elevated heights. Is this the sign for a serious trend reversal we have been waiting for? What pairs are best positioned for a meaningful bear trend behind risk? What pairs are best positioned for a curbed confidence shift and return to congestion? We discuss this and more in today's video.

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