Major Support and Resistance FOREX 27.7.2017

27.07.2017 / 17:12

Rating:

EUR/USD -- Testing major long term resistance at 1.1732
* 3rd resistance: 1.1798 200-week MA
* 2nd resistance: 1.1777 session high
* 1st resistance: 1.1732 long-term trend line
* Spot: 1.1700
* 1st support: 1.1684 July 24 high
* 2nd support: 1.1651 Pivot S1
* 3rd support: 1.1631 July 25 low

GBP/USD -- Attempting to extend upward momentum
* 3rd resistance: 1.3248 Sept. 16, 2016 high
* 2nd resistance: 1.3180 Sept. 15 2016 low
* 1st resistance: 1.3159 minor wave
* Spot: 1.3135
* 1st support: 1.3084 July 25 high
* 2nd support: 1.3058 July 24 high
* 3rd support: 1.3020 July 21 high

AUD/USD -- Testing between mean reversion and 200-week DMA
* 3rd resistance: 0.8164, May 14 2015 high
* 2nd resistance: 0.8089 May 15 2015 high
* 1st resistance: 0.8066 session high
* Spot: 0.7995
* 1st support: 0.7974 mean reversion line
* 2nd support: 0.7903/01 July 25/24 lows
* 3rd support: 0.7875 July 21 low

USD/JPY -- Weak upward trend in place will meet multiple
DMA resistance
* 3rd resistance: 112.42 July 20 high
* 2nd resistance: 112.20 July 26 high
* 1st resistance: 111.61/65/73/75 100/50/55 DMAs, Ichimoku
Conversion line
* Spot: 111.50
* 1st support: 110.74 233-DMA
* 2nd support: 110.34 June 14 high
* 3rd support: 110.00 psychological level

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Trader Velizar Mitov

Varchev Traders

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Major Support and Resistance FOREX 27.7.2017

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