Get our ForexTrading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of April 25, 2022.
Support: 1.0710, 1.0639, 1.0615, 1.0572Resistance: 1.3083, 1.3108, 1.3181, 1.3236AUD/JPYSupport: 137.00, 136.47, 135.51, 135.13Resistance: 1.2753, 1.2778, 1.2795, 1.2901Let us see how trading reversals from two of last week’s key levels could have worked out:, as it acted as both support and resistance alternately during the previous week. Note how such. I was also happy to look for a short trade at this level due to the long-term bearish trend in this currency pair.
, which is often a great time to enter trades in currency pairs involving the Japanese Yen when it is strongly trending, as it was last week. The entry point is marked by the up arrow within the price chart below. This trade has been very profitable,based upon the size of the entry candlestick.to test the strategies and strengthen your self-confidence before investing real funds.
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