Here are some key support/resistance price areas to watch for (breaks/bounces/targets) in the forex market during the upcoming trading week of July 20-24, 2009:
EUR/USD - Support 1.4055 / Resistance 1.4200
USD/JPY - Support 91.75 / Resistance 94.45
GBP/USD - Support 1.5980 / Resistance 1.6475
USD/CHF - Support 1.0700 / Resistance 1.0955
- James Chen, CTA, CMT
* I will be giving a workshop at the Forex & Options Expo in Las Vegas, August 3rd. For more information: http://www.moneyshow.com/lvfx/WorkShopDetails.asp?wkspid=1C565A972C0E408C906EB11624490B12
* 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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