Selling the EUR/NZD today as the NZD climbs again while the Euro drops- Currency Strength and Weakness for Friday 24th January 2020
Hi Forex Trader,
I make my Currency Strength and Weakness suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
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Overall there is strength in the NZD, with minor strength in the JPY
Overall there is weakness in the EUR, with minor weakness in the CHF and GBP
Trading Directions I am favouring for the next 24 hours
Buy Trades – NZD/USD, NZD/CAD, NZD/CHF
Sell Trades – EUR/USD, EUR/NZD, EUR/CAD, EUR/AUD, EUR/JPY, AUD/NZD, CHF/JPY, USD/JPY
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Have a fantastic weekend,
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator