Last week was dominated by relative strength in the Japanese Yen, and relative weakness in the US Dollar. Find out which currency pairs are going to be worth watching this week here:
the price rejected this level during last Thursday’s London session marked by the up arrow in the price chart below signaling the timing of this bullish rejection.based upon the size of the entry candlestick.
, as it had acted previously as both support and resistance. Note how these “role reversal” levels can work well. The H1 price chart below shows howwith a bearish pin barThis trade wasbased upon the size of the entry candlestick.
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