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The FOMC decision did quite a number on AUD/USD, USD/CAD, and NZD/USD last week! If you’re betting on a continuation of those moves, check out these setups and potential inflection points first.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7286 1.3342 0.6965
Previous Week High (PWH) 0.7525 1.3417 0.7239
Previous Week Low (PWL) 0.7265 1.3079 0.6930
Top Weekly ATR (tWATR) 0.7360 1.3447 0.7043
Bottom Weekly ATR (bWATR) 0.7212 1.3238 0.6888
Other significant levels 0.7400, 0.7200 1.3400, 1.3100 0.7000, 0.6900

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:

AUD/USD: Daily

AUD/USD Daily Forex Chart
AUD/USD Daily Forex Chart

USD/CAD: 4-hour

USD/CAD 4-hour Forex Chart
USD/CAD 4-hour Forex Chart

NZD/USD: 4-hour

NZD/USD 4-hour Forex Chart
NZD/USD 4-hour Forex Chart

If you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:

Forex Comdoll Calendar
Forex Comdoll Calendar

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!

Cheers,

Happy

See also: Q3 2016 Trading Performance Review

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.