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2012-10-22
Daily Currency Strength and Weakness Analysis


Looks like the breath of air EUR and CHF took from Thursday worked as both are running in performance again. They are two strongest currencies in the world at the moment.
USD is the 3rd strongest but a bit on the flat side this morning, will have to see what it does this afternoon.
JPY and CAD is fighting it out for weakest currency both weakening strongly.
NZD and AUD has met each other and are running parallel, who is going to give?
GBP seems to want to gain its footing back after the weakness of the last week or so.

Ideal currency pairs for today seem to be:

EURJPY (Long), EURCAD (Long), CHFJPY (Long), CHFCAD (Long),
USDJPY (Long) and USDCAD (Long) 
 

Please note that this is only an ideal pair and direction indication! You need to determine your entry based on the strategy you trade. If you do not have a strategy join our next

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