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Currency Strength and Weakness for Tuesday 16th April 2013

BY , , , ,

Hi Traders,

I make my 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.

My suggestions are posted by 6pm EST each day.

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Overall there is strength in the USD and JPY, with some minor strength against certain currencies in the GBP.

Overall there is weakness in the AUD, NZD and CAD.

Trading Directions I am favouring for the next 24 hours

Buy Trades – EUR/AUD, EUR/NZD, EUR/CAD, GBP/AUD, GBP/NZD, GBP/CAD, USD/CAD

Sell Trades – EUR/USD, CAD/JPY, AUD/USD, AUD/JPY, AUD/CHF, NZD/USD, NZD/JPY

To a Profitable Trading Week for You.
Andrew Mitchem

www.TheForexTradingCoach.com