Yesterday Fed retained its interest rate . Today dollar trading flat . Here are our major fx trading levels for today’s trading session .
USD/JPY
Usd/Jpy trading at 118.80 . Its trading higher since yesterday despite weak dollar . A good resistance on intraday chart at 119.02 . Once forex traders break this hurdle and manage to sustain above our resistance . Then expect 119.35 – 119.80 today .
A good support on intraday chart for this fx pair stands at 118.30 . Once forex traders break this support and manage to sustain beneath our support . Then expect market to correct upto 117.90 – 117.40 today .
usd/jpy trend update : No major trend for now . Above hurdle expect some pushups .
EUR/USD
Euro trading at 1.0916 . A good resistance on intraday chart at 1.0960 . Once forex traders break this hurdle and manage to sustain trading above this resistance . Then expect eur/usd to fire upto 1.9999 and more .
A good support on eur/usd intraday chart at 1.0850 . Once forex traders break this level and manage to trade beneath this support . Then expect eur/usd to correct upto 1.0800 – 1.0740 today .
eur/usd trend update : Trend is flat to positive for now .
USD/CHF
Currently usd/chf trading at 1.0151 . A good support in this forex pair at 1.0100 . Once this support taken by traders and manage to sustain below our intraday support . Then expect market to support sellers upto 1.0030 – 0.9980 today .
A good resistance in this forex pair at 1.0190 . If traders break this resistance and manage to hold above our today’s resistance . Then expect market to zoom upto 1.0230 – 1.0270 today .
usd/chf trend update : Trend is flat for now but below support it might crack hard .
More will update to our forex trading signal subscribers .