Here are some key support/resistance price areas to watch for (breaks/bounces/targets) in the forex market during the upcoming trading week of June 29 to July 3, 2009:
EUR/USD - Support 1.3890 / Resistance 1.4135
USD/JPY - Support 94.85 / Resistance 96.55
GBP/USD - Support 1.6185 / Resistance 1.6660
USD/CHF - Support 1.0590 / Resistance 1.1020
- James Chen, CTA, CMT
* I will be key speaker at FXstreet.com’s International Traders Conference in Barcelona, Spain in October 2009 - for more information, please go to: www.traders-conference.com .
* For information on my book, Essentials of Foreign Exchange Trading (Wiley), please click here.
* Follow my intraday forex updates on Twitter: http://twitter.com/JamesChenFX
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