I’m seeing channel formations on AUD/USD, USD/CAD, and NZD/USD this week so I’ll watch the top-tier events to see if the trends might hold. Take a look!
Significant Forex Levels to Watch
|Week Open (WO)||0.7595||1.2951||0.7142|
|Previous Week High (PWH)||0.7676||1.3140||0.7325|
|Previous Week Low (PWL)||0.7521||1.2861||0.7119|
|Top Weekly ATR (tWATR)||0.7688||1.3091||0.7238|
|Bottom Weekly ATR (bWATR)||0.7503||1.2812||0.7047|
|Other significant levels||0.7700, 0.7500||1.3000, 1.2900||0.7100, 0.7000|
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:
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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