Weekly Price Action Setups & Key Levels | Sep 17-22

Major LT Resistance Broken GBPJPY 2ndSkiesForex - Price Action

My Current Active Open Trades: EURNZD, EURCHF, CHFJPY, AX_UN, FTS, TRP, XHB, REMX, CSE, FXo EURJPY, FXo EURPLN

GBPJPY – Major Resistance Cleared (Daily chart)
With a massive 900 pip move in only one week, printing the biggest weekly candle during 2017, bulls managed to clear the major resistance zone between 147.00-148.00 with ease on the 4th attempt.

Bulls will want to have this zone on their radar as it can offer good possible trade opportunities on weak pullbacks.

The closest resistance is coming in at 151.60 and clearing this would open up for continuation towards 153.60.

USDCHF – LT Corrective Structure At Key Support (4h chart)
Since the end of May, the USD/CHF price action has been ponging between …

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