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2013-04-18
Daily Currency Strength and Weakness Analysis


NZD is the strongest currency, continuing its strength.
CHF is the 2nd strongest currency, weakening after its bullish run.
EUR is the 3rd strongest currency, also showing weakness after a long bullish move.
GBP is the 4th strongest currency, moving a little into weakness.

JPY is the weakest currency, showing more weakness.
AUD is the 2nd weakest currency, strengthening a bit after its fall.
CAD is the 3rd weakest currency, also showing strength since yesterday.
USD is the 4th weakest currency, continuing to show strength.

Ideal currency pairs seem to be:

NZDJPY (Long)

Traders note: With the sudden change in strength yesterday we need to just wait to see what the market wants to do, if you’re in profits with your trades you must keep a close eye on it…. You will have to decide if you want to take profit or sit it out as it could just be a correction. Good luck.

Happy Trading!!


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