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

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Support: 1.0240, 1.0220, 1.0202, 1.0073Resistance: 1.0280, 1.0305, 1.0362, 1.0382Support: 133.11, 132.65, 131.73, 130.00Resistance: 134.41, 135.32, 135.82, 136.59Support: 136.49, 135.72, 134.97, 134.03 Resistance: 137.74, 138.53, 140.22, 141.14Support: 0.9372, 0.9306, 0.9280, 0.9224Resistance: 0.9451, 0.9510, 0.9564, 0.9593

Let’s see how trading one of these key pairs last week off key support and resistance levels could have worked out:, as it had acted previously as both support and resistance. Note howthe price broke above this level right at the the start of last Monday’s Asian session, and then tested it and rejected it from above with an engulfing candlestickprofitable

 

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