Even though there are no major reports lined up from the comdoll economies this week, these short-term forex setups and potential inflection points are still worth watching!
Significant Forex Levels to Watch
|Week Open (WO)||0.7149||1.3766||0.6642|
|Previous Week High (PWH)||0.7187||1.3912||0.6676|
|Previous Week Low (PWL)||0.7070||1.3654||0.6545|
|Top Weekly ATR (tWATR)||0.7236||1.3903||0.6728|
|Bottom Weekly ATR (bWATR)||0.7062||1.3630||0.6556|
|Other significant levels||0.7200, 0.7100||1.3800, 1.3600||0.6600, 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. Here are some of the comdoll forex setups I’m looking at this week:
And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:
Don’t forget to check out our risk disclosure when taking any of these setups. Got any comdoll trade ideas you’d like to share? Post ’em right here!
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