Traders are able to gain from the situation by opening the short positions on weekly R1 or long positions on weekly S1. If the weekly Pivot is considered as target, it may prove as a viable strategy for swing trading. The other way of working with this strategy is to open the long positions on weekly S2 and short positions weekly R2 with weekly targets S1 or R1.
You can copy these pivot levels for easy access, and to consider in advance the support and resistance levels level for each particular pair.
____WEEKLY_____
Weekly - R3 = 1.0222
Weekly - R2 = 1.0136
Weekly - R1 = 1.0014
Weekly Pivot = 0.9928
Weekly - S1 = 0.9806
Weekly - S2 = 0.9720
Weekly - S3 = 0.9598
____MONTHLY______
Monthly - R3 = 1.0223
Monthly - R2 = 1.0137
Monthly - R1 = 1.0017
Monthly Pivot = 0.9931
Monthly - S1 = 0.9811
Monthly - S2 = 0.9725
Monthly - S3 = 0.9605
