Currency pair selection is the critical step in Forex as all other business activities are based on it. Currency correlation is the statistical analysis which helps you to select you currency pair in the Forex trade. The results of the currency pair correlation is not that simple but quite complicated and you need to extract your material by yourself. In this way you can select the currency pairs which will return you the optimal return on your investment and you can also switch between different currency pairs by carefully observing the currency pair correlation.
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