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Posted on Feb 09, 2022 at 11:38 AM
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ADR Price Levels for 9th of February, 2022

Are you ready to rock the ADR price levels for today? The ADR price levels for the EURUSD, GBPUSD, USDCAD and EURJPY pairs are available here!

Highlighted below are the ADR price levels of the four major currency pairs for Wednesday, February the 9th, 2022:

EUR/USD
DAILY HIGH = 1.1480; DAILY LOW = 1.1355

GBP/USD
DAILY HIGH = 1.3620; DAILY LOW = 1.3490

USD/CAD
DAILY HIGH = 1.2775; DAILY LOW = 1.2625

EUR/JPY
DAILY HIGH = 132.45; DAILY LOW = 131.15

Don't know how to use the ADR or install it on your mobile? Click Here to read a simplified guide.

WHY USE THE ADR?

The ADR gives 2 specific Price Levels every day: High and Low prices.

The ADR HIGH gives you an idea where Price is likely to stop rising for that day while ADR LOW identifies where Price will likely not fall below for that day.

While your personal Trading Strategy already determines for you, whether you’re to BUY or SELL, the ADR Price Levels helps you identify where you can accurately Take your Profits or set your Stop-Loss because the price will most likely reverse at the Daily ADR High & Low Levels.

I hope this helps you improve your Trade outcomes going forward.

Please let’s know if this helped you, or share your questions on areas where you may need further help with.

Don’t already have an effective trading strategy? Join our Online Forex Academy with the Forex Analyst for a Live Session.

Prefer to be part of a thriving community of Forex Traders? Click Here to book your slot now in our next Monthly Traders Forum where we discuss a trending topic of importance.


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