5 Reasons for the Importance of Currency Pair Correlation in Trading

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  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

In currency pairs with similar or completely opposite characteristics, a strong negative or positive correlation is formed; the correlation between currencies in Forex can be used to eliminate reverse trades and implement risk management techniques to prevent severe or unintended losses.

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