EURUSD Key Levels:Resistance Levels: 1.21540, 1.22450Support Levels: 1.19860, 1.18600EURUSD is set to break out from its downward trending channel after retesting the upper border of the descending channel twice. Price reached a height of 1.23500 at the beginning of the year on the 6th of January …
Forex Strategies
NZDUSD to Reappraise the 0.72900 Supply Zone
NZDUSD Key Levels:Resistance Levels: 0.73820, 0.72900Support Levels: 0.71350, 0.70020NZDUSD hit a significant high of 0.74680 on the 25th of February 2021 after which it has been on a downward trend. Price then ranged for a short period with 0.71350 as support after which there was a major break-out …
USDJPY Previous Support Turns Into a Bullish Resistance
USDJPY Key LevelsResistance: 111.000, 109.500Support: 108.550, 107.550USDJPY forms a zigzag pattern on the daily chart. USDJPY experienced a serious plunge through April this year. The Plunge reversed to a bullish momentum on the 23rd of April. Price has been bullish afterward.Price has rallied into …
