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Welcome to a brand new trading year, ladies and gents! To start off, here are some long-term trend plays that I’m watching on AUD/USD, USD/CAD, and NZD/USD. Oh, and don’t forget to take note of these inflection points and upcoming events, too!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7190 1.3431 0.6934
Previous Week High (PWH) 0.7525 1.3598 0.6980
Previous Week Low (PWL) 0.7265 1.3397 0.6875
Top Weekly ATR (tWATR) 0.7247 1.3541 0.7014
Bottom Weekly ATR (bWATR) 0.7163 1.3322 0.6855
Other significant levels 0.7300, 0.7200 1.3600, 1.3400 0.7050, 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: Daily

USD/CAD Daily Forex Chart
USD/CAD Daily 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: Q4 2016 Trading Performance Review

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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.