AUDNZD ...why bother ?

Why do people trade AUDNZD and other such closely correlated currencies ? 

maybe i'm missing the point ....(probably)......I look for currencies that are Negatively Correlated and trending ....which does not usually include these 2 guys ......

Heres a chart (indicator available here)..........look at the aussie

dynamic duo for 2020 so far 


https://uk.virginmoneygiving.com/FXCorrelator

Close ? ....yes ? ......they are glued together compared to others 


look at the pippage from trading non correlated / diverging currencies .....CADJPY and GBPJPY for example had put on over 2,000 pip moves verses perhaps a few hundred on AUDNZD....


hey trade what you want .....but you rarely will see these correlating dudes on my hit lists ....

N



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