a beginner's attempt at the pairs

exit +19

 

exit + 71

 

Long CAD only open position, and not doing so well

 

Long GBP @ 12616

 

Long Eur @ 10740

 

add Long Eur 10727

 

exit - 18

flip short

 

add Eur 10738

take out 50

 

J curve explains the patterns we use in technical analysis. Just google it.
By the way, AUSUSD is undervalued and is expected to appreciate to 0.77 next 3 months according to inflation model. I got it now why AUDUSD depreciate upon inflation report. Then the current price was 0.7590 but upon 1.5% inflation, it had to be adjusted to 0.7545

 

i think AUD will see 7580