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USD Looking Weak – Currency Strength and Weakness for Tuesday 23rd July 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. 

Overall there is strength in the NZD, JPY and AUD.

Overall there is weakness in the USD, EUR and CAD.

Trading Directions I am favouring for the next 24 hours

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

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

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given below. 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

FREE TRADING WEBINARS:
If you are a more experienced trader, someone who's been trading for 6 to 12 months or more then this webinar is perfect for you. There are 2 webinar times this week. 
Register now by clicking here and select the “Experienced Traders Webinar” link.

To Your Trading Success.
Andrew

 


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