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  1. talha12345
  2. Forex Trading Strategies and Systems
  3. Monday, 13 November 2017
  4.  Subscribe via email
Forex trades in ranges, a foreign exchange never goes to zero, and never goes astronomically high. They trade in a narrow range. The top of the range is a resistance level where there will tend to be more sellers than buyers at that level. The lower end of the range is the support level, where there will tend to be more buyers than sellers.
References
  1. https://www.forexstrategieswork.com/understanding-support-and-resistance-levels-in-forex-trading/?subid=forumpost
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