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Daily Currency Strength and Weakness Analysis
NZD is still the strongest currency, moving up strongly.
JPY is the weakest currency, dropping again after it tried to strengthen.
Ideal currency pairs seem to be:
NZDJPY (Long), NZDUSD (Long), EURUSD (Long) GBPUSD (Long), GBPJPY (Long) and EURJPY (Long)
Traders Note: We are grateful that the USD and the JPY is losing strength as the rest of the 8 top currencies are all fighting for a place in strength. This gives us a chance to look for good trading opportunities. Be aware of any trades with the GBP in as the GBP is always hanging around on the fence between strength and weakness. You need to pair it with a currency that is very robust in its move away from the GBP.
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