Important levels of support and resistance 02.07.2020
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CADCHF (02.07.2020) |
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|
Timeframe |
Trend |
Call levels |
Put levels |
Expiration time |
|
Н1 |
Bearish |
0.6915; 0.6942; 0.6966; 0.6990. |
0.7030; 0.6990; 0.6966; 0.6942. |
1–3 TF |
|
Economic news releases |
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USDJPY (02.07.2020) |
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|
Timeframe |
Trend |
Call levels |
Put levels |
Expitration time |
|
Н1 |
Бычий |
106.05; 106.77; 107.04; 107.35; 107.55. |
108.08; 107.35; 107.04; 106.77. |
1–4 TF |
|
Economic news releases |
USD – 3:30 PM. |
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When buying an option against the trend, it is necessary to consult other technical analysis tools: the presence of divergence, reversal candlestick patterns. Buy against the trend strictly on the retest level! Buying an option before important economic news releases is considered risky. The expiration time depends on the strength of the level and the confirmation by additional tools of technical and fundamental analysis.
