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The AUD/PLN currency combination is not commonly traded within the UK, but it could still make a wonderful addition to your portfolio. Its performance is dependent upon the volatile relationship between two major economies: Poland's and Australia's. The divergent financial policies of these two nations mean that the correlation between them is often hard to predict, yet the high risk attached to the pairing means that it can deliver substantial rewards in the hands of an experienced investor.
With AUD/PLN, traders can use slow Stochastics and support-resistance levels, which determine entry and exit points. The Polish currency is not widespread on Forex, and its activity is mainly observed during the European session. This is mainly due to the conduct of trade operations in Poland at the local exchange.
If you follow the rules of money management and have a minimum deposit of several hundred dollars, you can trade this pair on H4 timeframes.
If you are interested in trading the AUD/PLN currency pair, contact FxPro today and open account in several minutes.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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