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The USDCHF is negatively correlated to the EURUSD, so if the EURUSD is moving higher the USDCHF is most likely moving lower. You will find if you take a EURUSD chart and a USDCHF chart of the same time frame and hold one right side.

I see this market hitting 1.38, and then the 1.40 level. EUR/JPY The EUR/JPY pair initially fell as well, but shot straight up during the week. The candle looks strong, and the Yen has been getting beaten up across the board. This pair is typically.

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It may correct when it reaches that level, but not necessarily, always remember that it is on a relative basis, and likewise as the RSI approaches 30 is an indication that this currency is undervalued, on a relative basis. Always remember that when using lagging.

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Or simply as: (.0001 CAD) / (1.0200 CAD) x 1 USD 0.00009804 USD per unit traded Using this example, if we traded 10,000 units of USD/CAD, then a one pip change to the exchange rate would be approximately a 0.98 USD change in the position.

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