years on the market

Important support and resistance levels 09.10.2019

EURCAD (09.10.2019)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bullish

1.4420; 1.4490; 1.4578; 1.4605; 1.4644.

1.4700; 1.4644; 1.4578; 1.4490.

1-3 TF

Time of important economic news publication

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EURNZD (09.10.2019)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

1.7300; 1.7357; 1.7417; 1.7476; 1.7550.

1.7612; 1.7550; 1.7476; 1.7417; 1.7357.

1-4 TF

Time of important economic news publication

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When buying an option against the trend, it is necessary to confirm other instruments of technical analysis - the presence of divergence, candlestick reversal patterns. Buying against the trend on a strictly retest level! Buying an option before publishing important economic news is considered risky.  The expiration time depends on the strength of the level and confirmation by additional tools of technical and fundamental analysis.

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