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Thomas Long, Course Instructor

It's no coincidence that all of the strongest trends presented so far this week have had EUR weakness in common. The real trick right now is determining the strongest currencies to match with this EUR weakness. The NZD is currently as good of a choice as any until the markets show themselves as to the direction of the next big moves. In the meantime, I would continue to look for selling opportunities on this pair.

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.