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Looking At Forex charts There Is No Clear Favorite

There is currently no clear favorite to trade this hour as far as I am concerned. The strategy calls for certain parameters to be met that are not being met right now. That being said, GbpNzd and EurNzd are on the radar but they are not checking off the boxes on some details that I am looking for so I will hold off from placing  a trade at this minute.

I will check back in 30 minutes to see if anything has changed. Last night things got started pretty early in the Tokyo Session with AudChf. I still have my eye on that currency pair. Maybe the banks are waiting until after the Japan data releases to decide on their course of action. Maybe might strategy just does not have anything to trade today.

Remember we are still offering a forex newsletter and forex strategy training.

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