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2012-11-16
Daily Currency Strength and Weakness Analysis


AUD is the strongest currency and still trending down.
USD is the 2nd strongest currency, maintaining strength although not as vigilant.
NZD is the 3rd strongest currency and bordering on the line between weak and strong, still edging down.

JPY is the weakest currency maintaining its fall to weakness.
EUR is the 2nde weakest currency still edging into strength.
CHF and GBP are the same at 3rd weakest climbing steadily.
CAD is the 4th weakest on the brink of strength, maintaining its up trend.


Ideal currency pairs:

 

USDJPY (Long), USDNZD (Long), CADJPY (Long), GBPJPY (Long),
CHFJPY (Long) and EURJPY (Long)

Traders Note: Be careful to match GBP, EUR and CHF with JPY as they are all still in the weak zone. CAD however is in the ideal position for a trade with the JPY. Just need to get a signal from our indicator to enter.

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