Market Reversal Levels, Week of Sept 11 2017

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How To USE ?!!!

1- Those are strong support and resistance levels in the short /medium term, the market usually respects these levels strongly.

2- If the market rallies into resistance levels, a sell-off is expected.

3- If the market sells off into support levels, a rally up is expected.

4- Some levels are valid for several weeks.(It depends on market moves).

5-I highly recommend using divergences techniques, to find possible turning points during the week!

6-In bullish market: Support level should bring strong rebound…

7-In bearish market: Resistance level should bring fall resumption…

8-In sideways market: We should witness strong support and resistance levels…

PairsS3S2S1R1R2R3Trend
EURUSD1.16701.17731.19131.21651.23501.2565Up
GBPUSD1.27151.29081.31151.32451.34821.3658Up
USDJPY104.28106.02107.35109.25110.82112.18Down
USDCHF0.90700.92000.93250.955080.96620.9807Down
AUDUSD0.76740.78200.79400.81230.82330.8375Up
USDCAD1.17301.19351.20601.23351.24151.2690Down
NZDUSD0.68800.70570.71450.72270.73300.7454Neutral
XAUUSD129112991325136513751392Up
WTI Oil43.7545.4047.6250.4452.0453.05Neutral

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HAITHAM653
I’ve been in the fx market since 2007, In this website, I'm gonna share with you the knowledge and the experience that I obtained through the years, I analyze the markets from technical and fundamental perspectives. I cover, short/medium to longer term forecasts, that fits all kind of traders from beginners to professionals, my primary mission is to get the real pulse of the market to our readers.

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