Check out this week's Trading Support and Resistance- forextrade forextrading
Let us look at the relevant data of currency price changes and interest rates to date, which we compiled using a trade-weighted index of the major global currencies:I made no forecast for the month of November, as I thought markets had become too unsettled to look beyond the next few days. I think this has proven to be a good call as direction in the Forex market has become uncertain over recent days.Last week, I made no weekly forecast.
Last week was dominated by relative strength in the New Zealand Dollar, and relative weakness in the Swiss Franc.
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