Forex Power Week 19 (EURNZD:LONG/NZDCHF:SHORT)

Week 18 gave us a Strong Euro week. This is a bit funny since the Euro did not really have any good news to relay on. The main reason is likely to be correlation and since Euro is the Anti USD, the negative numbers on the USD, gave the EUR a nice power boost.

This shows in our weekly Forex Power analysis.

Forex Pairs of the week:
EURNZD: LONG
NZDCHF: SHORT

This is NOT a buy recommendation merely an indication of what pair and direction to apply your strategies on!
Happy Pipping
/The Piphunter