I’m seeing a couple of trend plays for this week’s set of central bank statements! Here are the potential inflection points on AUD/USD, USD/CAD, and NZD/USD, too.
Significant Forex Levels to Watch
|Week Open (WO)||0.7453||1.3291||0.7127|
|Previous Week High (PWH)||0.7498||1.3537||0.7170|
|Previous Week Low (PWL)||0.7370||1.3254||0.7033|
|Top Weekly ATR (tWATR)||0.7530||1.3396||0.7205|
|Bottom Weekly ATR (bWATR)||0.7376||1.3186||0.7049|
|Other significant levels||0.7400, 0.7300||1.3400, 1.3200||0.7200, 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!
See also: Q3 2016 Trading Performance Review
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