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Daily Currency Strength and Weakness Analysis
EUR is the strongest currency, still weakening this morning.
JPY is the weakest currency, continuing to strengthen on the back of the Bank of Japans meeting since yesterday.
Ideal currency pairs seems to be:
GBPNZD (Short), GBPAUD (Short) and NZDUSD (Long)
Traders Note: The market is very choppy and the current moves are very premature. The only currencies really showing steady movement is the GBP and the AUD. Be aware of this when you trade and know that the market can change direction in a tick. Keep your stops close and do your money management.
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