September 23 2021

News from the FOMC is that tapering is going to start soon and ending in mid 2021. It’s a bit odd that we know when it’s going to end without knowing exactly when it starts.
However, with Support and Resistance at least you will know where to enter and where to take profits.
Support and Resistance
MAJORS
USDJPY
Resistance 110.20 and 110.70
Support 109.10 and 108.60
EURUSD
Resistance 1.1760 and 1.1810
Support 1.1660 and 1.1610
GBPUSD
Resistance 1.3690 and 1.3750
Support 1.3610 and 1.3560
USDCHF
Resistance 0.9290 and 0.9340
Support 0.9220 and 0.9170
COMMODITY CURRENCIES
USDCAD
Resistance 1.2810 and 1.2860
Support 1.2740 and 1.269
AUDUSD
Resistance 0.7300 and 0.7340
Support 0.7220 and 0.7170
NZDUSD
Resistance 0.7050 and 0.7100
Support 0.6980 and 0.6930
CROSS-CURRENCY PAIRS
EURJPY
Resistance 128.70 and 129.30
Support 127.90 and 127.30
EURGBP
Resistance 0.8610 and 0.8650
Support 0.8550 and 0.8510
GBPJPY
Resistance 149.90 and 150.70
Support 148.90 and 148.20
GBPCHF
Resistance 1.2650 and 1.2700
Support 1.2580 and 1.2530
EURCHF
Resistance 1.0850 and 1.0900
Support 1.0790 and 1.0720
GOLD
Resistance 1778.00 and 1788.00
Support 1764.00 and 1754.00