Trading Support and Resistance \u2013 EUR/USD, GBP/USD, USD/JPY

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Let us see how trading the EURUSD last week off key support and resistance levels could have worked out: Forex Trading Forecast

Last week, I made no weekly forecast, as there were no unusually strong counter-trend price movements in the Forex market over the previous week. This week, I again make no forecast., with 55% of all the important currency pairs or crosses moving by more than 1% in value.as there are several major central bank releases due.

Last week was dominated by relative strength in the US Dollar, and relative weakness in the British Pound and the Canadian / Australian / New Zealand Dollars.

 

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