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The Canadian dollar could be front and center of forex price action this week, with the BOC decision and the OPEC meeting coming up! Here are the setups and inflection points I’m watching.

Significant Forex Levels to Watch




Week Open (WO) 0.7463 1.3517 0.6927
Previous Week High (PWH) 0.7470 1.3722 0.6951
Previous Week Low (PWL) 0.7385 1.3511 0.6851
Top Weekly ATR (tWATR) 0.7526 1.3610 0.6989
Bottom Weekly ATR (bWATR) 0.7400 1.3424 0.6865
Other significant levels 0.7400, 0.7500 1.3500, 1.3450 0.6900, 0.6800

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: 4-hour

AUD/USD 4-hour Forex Chart
AUD/USD 4-hour Forex Chart

USD/CAD: Daily

USD/CAD Daily Forex Chart
USD/CAD Daily Forex Chart

NZD/USD: 1-hour

NZD/USD 1-hour Forex Chart
NZD/USD 1-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

See also: Q1 2017 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.