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Forexpros Daily Analysis - 20/04/2011

Discussion in 'Forex Daily News & Outlook' started by forexpros2, Apr 20, 2011.

  1. forexpros2

    forexpros2 Member

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    ForexPros Daily Analysis April 20, 2011


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    Good morning everyone. Yesterday the market ended up getting back into the trend in full motion. The US Dollar is expected to continue to weaken today with some retracements on the way. There are no hedged pairs today.

    Currency Outlook

    US Dollar : Weak

    Short : USDCHF, USDCAD
    Long : EURUSD, GBPUSD, AUDUSD, NZDUSD, EURJPY

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    Forex Trading analysis written by Navin Prithyani for Forexpros.

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    Disclaimer:
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    may lose all or more of your initial investment. Opinions, market data, and
    recommendations are subject to change at any time.
     
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