Daily Support & Resistance

June 7th 2021

GBPJPY Dip Buyers take control this morning. http://www.eightdragonscapital.com

Point and Figure charts clearly show traders areas of support and resistance, making trading at key areas easier to understand. when ranges are well defined you know where to enter and exit as these charts make your targets easy to see.

Support and Resistance for the 7th of June 2021

MAJORS PAIRS

USDJPY

Resistance 110.10 and 110.60

Support 109.30 and 108.80

EURUSD

Resistance 1.2200 and 1.2250

Support 1.2140 and 1.2090

GBPUSD

Resistance 1.4200 and 1.4250

Support 1.4140 and 1.4090

USDCHF

Resistance 0.9060 and 0.9110

Support 0.8990 and 0.8940

COMMODITY CURRENCIES

USDCAD

Resistance 1.2140 and 1.2190

Support 1.2050 and 1.2000

AUDUSD

Resistance 0.7750 and 0.7800

Support 0.7690 and 0.7640

NZDUSD

Resistance 0.7230 and 0.7290

Support 0.7170 and 0.7120

CROSS-CURRENCY PAIRS

EURJPY

Resistance 133.70 and 134.20

Support 133.00 and 132.50

EURGBP

Resistance 0.8640 and 0.8670

Support 0.8570 and 0.8540

GBPJPY

Resistance 155.50 and 156.10

Support 154.80 and 154.20

GBPCHF

Resistance 1.2790 and 1.2840

Support 1.2710 and 1.2660

EURCHF

Resistance 1.1000 and 1.1030

Support 1.0930 and 1.0880

GOLD

Resistance 1894.00 and 1904.00

Support 1884.00 and 1874.00

For more information contact support@8dragonstrade.com

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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