Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
The pair fell more than 2000 pips in the first half of 2016. The combination of 2014 low, 50.0% retracement of the Abenomics rally and the big 100 …