Possible Support and Resistance Levels

I appologize in advance for not leaving any sort of intro or description of the levels. I won't have time tonight but plan to add something as soon as possible.

I'll just list the four majors today but in my testing it also works for AUD/USD and GBP/JPY. I have yet to test the other crosses/minors...

These levels should remain in effect until 12/21 at 5:00pm EST:

USD/JPY
High 118.55
A 118.44
B 118.33
C 118.23
D 118.12
Low 118.01

GBP/USD
High 1.9859
A 1.9810
B 1.9762
C 1.9713
D 1.9964
Low 1.9916

EUR/USD
High 1.3299
A 1.3269
B 1.3241
C 1.3211
D 1.3182
Low 1.3154

USD/CHF
High 1.2196
A 1.2171
B 1.2145
C 1.2119
D 1.2093
Low 1.2067

I have found that if the price breaks past either the high or low, you can make a low-risk trade in the direction of the break. It should also be noted that I have never made a trade using this information and that it is merely an observation from backward/forward testing.


These numbers offer no guaranteed trades and they should not be taken as such. I am merely providing them as possible S&R levels.


Any feedback/criticism/help is welcome!

December 21 5pm EST - December 22 3pm-5pm EST (depending on broker close times)

USD/JPY
High 118.76
A 118.61
B 118.46
C 118.31
D 118.16
Low 118.01

GBP/USD
High 1.9670
A 1.9644
B 1.9617
C 1.9590
D 1.9564
Low 1.9538

EUR/USD
High 1.3202
A 1.3186
B 1.3170
C 1.3153
D 1.3137
Low 1.3121

USD/CHF
High 1.2227
A 1.2208
B 1.2189
C 1.2170
D 1.2150
Low 1.2131