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Daily Currency Strength and Weakness Analysis
HAPPY NEW YEAR TRADERS!!! May this be an adventurous trading year!!!
Strongest currencies are the EUR and the CHF, weakening after a good bullish run.
JPY is the weakest currency, weakening again after it tried to strengthen.
Ideal currency pairs seems to be:
GBPJPY (Long), JPYNZD (Short), CADJPY (Long)
Traders note: The markets have been very unstable due to the USD uncertainty and the holidays. Be very aware when you trade of any changes in strength. Hopefully the holiday fever will be wearing off and trade will resume to some normality.
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