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Daily Currency Strength and Weakness Analysis
NZD is the strongest currency, showing some flatness for now.
JPY is the weakest currency, falling like rock after it showed so much promise.
Ideal currency pairs seem to be:
GBPJPY (long) and CADJPY (Long)
Traders note: The volatility in the market at the moment makes it very difficult to follow any trends. The price range on a daily basis is stopping out all the stop orders making it impossible for the smaller trader to hang in there, so it might be time to just sit back and watch the scene play out. Should you have an account of $1000 plus you could still be able to trade with bigger stops. But keep an close eye on the trades!!
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