Welcome guys to yet another week.
This is forex analysis is for the week (19th -23rd March 2018)
Last week turned out to be great, we were able to cash in our profits.
We shall be looking at some pairs this week and there possible directions. Please feel free to contact me if you need my assistance via my email ([email protected]).
Importance levels to watch out for on this pair are 0.74326 –which has serve as a resistance, 0.73316 – which has serve as both support and resistance, next is 0.71767 which serve as a powerful support.
From the previous candle stick formation we saw a sharp sell but we expect the support at 0.71767 to hold price from breaking off.
The Great Britain Pounds and Australian Dollar, the support at 1.79161 finally got broken after several weeks; we should be looking toward a buy in this coming week.