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Overview and Technical Levels of FX Majors


Overview and Technical Levels of FX Majors 04-05-2018

Ahead of London opening, key levels and technical outlook of FX Majors


The trend in the H4 Chart Timeframe: Bearish

EMA 50 Resistance: 1.23150

Main Resistance: 1.23600

Current Level: 1.22800

Trend Reversal Level H4 Chart: 1.23700

On the Upside: 1.23000 1.23300 1.23600

On the Downside:1.22670  122300  1.22050


The trend in the H4 Chart Timeframe: Neutral

EMA 50 Support:  1.40680

Main Resistance:1.41000

Main Support: 1.40200

Current Level: 1.40770

On the Upside: 1.41000 1.41290 1.41580

On the Downside: 1.40680 1.40200 1.40030 1.39770


The trend in the H4 Chart Timeframe: Strongly Bullish

EMA 50 Support:  106.240

Main Resistance:107.240

Main Support: 106.240

Current Level: 106.980

On the Upside: 107.030 107.240 107.800

On the Downside: 106.640 106.240 105.800

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
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Overview and Technical Levels of FX Majors:  Involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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