Significant Forex Levels to Watch Out For AUD/USD USD/CAD NZD/USD Week Open (WO) 0.7288 1.3183 0.6659 Previous Week High (PWH) ...
Significant Forex Levels to Watch Out For
AUD/USD
|
USD/CAD
|
NZD/USD
| |
| Week Open (WO) | 0.7288 | 1.3183 | 0.6659 |
| Previous Week High (PWH) | 0.7389 | 1.3190 | 0.6709 |
| Previous Week Low (PWL) | 0.7285 | 1.3025 | 0.6529 |
| Top Weekly ATR (tWATR) | 0.7376 | 1.3294 | 0.6751 |
| Bottom Weekly ATR (bWATR) | 0.7201 | 1.3072 | 0.6567 |
| Other significant levels | 0.7300, 0.7200 | 1.3200, 1.3100 | 0.6700, 0.6500 |
In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies.
For now, I’m keeping close tabs on these reversal patterns on AUD/USD and NZD/USD but I’m also liking the ongoing uptrend on USD/CAD. I’m still long-term short biased on the Kiwi so I’m looking at the NZD/JPY range that Big Pippin just shared.
AUD/USD: Weekly
USD/CAD: 1-hour
NZD/USD: 1-hour
And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well: