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Weekly Strategy Webinar: USD Majors at Key Inflection Points

Weekly Strategy Webinar: USD Majors at Key Inflection Points

Talking Points

  • Review of current / active setups in focus into the start of February trade
  • Updated targets & invalidation levels
  • Looking for more trade ideas? Review DailyFX’s 2017Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET)

It’s a light week for U.S. event risk and the focus shifts to the RBA & RBNZ interest rate decisions over the next few days. The majors are trading near key reaction levels early in the month with the USD poised for a rebound as the DXY holds support into 99.53. Updated technical setups discussed on DXY, EURUSD, GBPUSD, NZDUSD, AUDUSD, AUDJPY, USDCAD, Crude, Gold, Copper, NATGAS, Silver & USDJPY.

Key Data Releases

Other Setups in Play:

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at or Click Here to be added to his email distribution list.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.