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The strongest and weakest currencies as NA traders enter for the day

Discussion in 'Technical Analysis' started by ForexLive, May 19, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    May 19, 2016. The JPY is the strongest. The CAD is the weakest. As North American traders enter for the day, the JPY is the strongest currency. Yesterday, the USDJPY pair broke out to the upside. Today the pair has corrected back to the break out point at the 109.77 level (see chart below).

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