EUR/USD & USD/CAD Analysis – September 9th 2012

Posted on

We have several strong areas of support and resistance this week. We took some great reversal trades using these support and resistance areas last week.

The support and resistance areas below should provide some great reversal trade opportunities this week. If you want to take some of these trades with me then join me in the forex chat room, I will be in there most of the week.

EUR/USD Support and Resistance

Resistance areas on EUR/USD for this week are as follows.

  • 1.2900-1.2930
  • 1.3010-1.3035

And these are the support areas on EUR/USD for this week.

  • 1.2685-1.2710
  • 1.2590-1.2610

Resistance on USD/CAD this week is as follows.

  • 0.9790-0.9810
  • 0.9840-0.9860
  • 0.9910-0.9930

Finally, here are the support areas for USD/CAD.

  • 0.9740-0.9755
  • 0.9670-0.9690
  • 0.9910-0.9930

[youtube-banner]

My Forex trading strategy