Gj Reversal Zones

[ForexTus]

Do you trade round numbers as a part of your strategy?

 

[TareqS]

The pair had a rejection at 168.900. It is a significant level where the price had reacted several times earlier. The buyers may wait for the price to make a bullish breakout to go long again in the pair.

 

[TareqS]

The pair seems to have found its support at 165.400 in the H4 chart. It may make a bullish move. The H4 chart shows that the price may find its next resistance around 168.700.

 

[RachelEB]

The pair seems to have found its support at 165.400 in the H4 chart. It may make a bullish move. The H4 chart shows that the price may find its next resistance around 168.700.

Lovely wick off of 164.100, I am looking to see some bullish price action from here

 

[TareqS]

The pair produced a bullish inside bar at 164.400. It has been heading towards the North now. The buyers may keep their eyes in the pair to find long opportunities.

 

[TareqS]

The price gets caught within a horizontal channel. The level of 164.000 has been working as a level of support and the level of 167.400 has been working as a level of resistance. Let us wait and watch which way it makes its next breakout.