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Key Support & Resistance Areas This Week
EUR/USD: I will not be trading Euro this week. There is way too much drama at the moment with the Greek crisis. If you want to take the risk of trading Euro though, I have some quick analysis for you.
My key resistance areas for EUR/USD are still 1.11280, and 1.1445. My key support areas are 1.1110, and 1.0985.
GBP/USD: My key resistance areas for GBP/USD this week is just 1.5890. My key support areas are 1.5775, and 1.5660. I will not be buying at the 1.5775 at the moment as a daily short from the 1.5890 is open.
GBP/AUD: My key support areas are 2.0300, and 2.0150. I only have one resistance area for GBP/AUD, the 2.0490. We had a kit if trades from GBP/AUD last week, so watch this pair closely.
USD/JPY: Not much has changed since last week. My key resistance areas are 123.70, and 124.70. My key support are is 122.60 for USD/JPY.
AUD/USD: Again, this is the same as last week. My key resistance areas are 0.7760, and 0.7830. My key support areas are 0.7680, and 0.7610. The 0.7830 resistance gave us a short trade last week, so it is definitely an area you should be watching.
USD/CAD: USD/CAD is also the same as last week. My key resistance areas are 1.2400, and 1.2520. My key support areas are 1.2260, and 1.2135.
Questions
If you have any questions please ask below, I try to answer every question.