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Further weakness expected in the AUD – Currency Strength and Weakness for Wednesday 2nd September 2015

Further weakness expected in the AUD – Currency Strength and Weakness for Wednesday 2nd September 2015

Hi Forex Trader,

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.

Overall there is strength in the JPY, EUR and CHF

Overall there is weakness in the AUD, CAD and GBP


Trading Directions I am favouring for the next 24 hours

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

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

 

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don't have your own trading strategy then email me here for some suggestions

FREE FOREX WEBINARS THIS WEEK FOR NEW FOREX TRADERS – Click here

There are 2 webinar times this week.


Regards
Andrew


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator