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2013-04-10
Daily Currency Strength and Weakness Analysis


NZD is the strongest currency, continuing its bullish run.
AUD is the 2nd strongest currency, adding more strength.
GBP is the 3rd strongest currency, still losing strength.
CAD is the 4th strongest currency, bearing down into weakness as well.
CHF is the 5th strongest currency, showing some strength again.

JPY is the weakest currency, weakening again after the small show of strength.
USD is the 2nd weakest currency, weakening more.
EUR is the 3rd weakest currency, continuing to show strength.

Ideal currency pairs seem to be:

NZDUSD (Long), NZDJPY (Long), AUDJPY (Long) and AUDUSD (Long)

Traders note: With the JPY continuing its weakness it helps to establish a strong trend on the NZDJPY, remember to drag your stop up with you as the trend moves AND only when the latest significant high has been taken out.

Happy Trading!!


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