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Technical levels for majors, minors, and crosses – mid-November

In the two videos below, we provide an update on technical lines of support and resistance to watch out for in mid-November. Trump’s victory certainly shifted the price for some pairs, but other remain remarkably stable.

Lines of support and resistance for the major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD and USD/CHF after the big risk-off move and subsequent bounce.

Lines of resistance and support for the following crosses: EUR/CHF, EUR/GBP, EUR/JPY, GBP/JPY, USD/MXN and we also top it off with WTI Oil. Things have also moved in crosses following the upset Trump victory.

Trade safely!

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.