Report this content as inappropriate on the site:
Answer:
That's not always the case... Besides, I think there are just the same amount of reasons required for the price to go either up or down. If your trades are based on fundamental analysis, you'd notice that better than expected economic reports from one country could cause their local currency to appreciate against others. Conversely, weaker than expected reports could cause their currency to fall in price.
You also have to consider the current trend of the currency pair. More often than not, following the general direction of the price action could improve profitability.
