Support and Resistance in Forex Trading: Theory and Practice

 Support and resistance are the key concepts of technical forex analysis. 

These levels are important decision levels where the price either bounces or breaks. Whether you are a new trader or an experienced trader, knowing support and resistance in forex trading is key to market timing and improving your profitability. 

Think of watching EUR/USD bounce between 1.0800 and 1.1000 over and over again. What you are watching is more than price movement; it is the market's psychological behavior in price action. 

This article will explain the base theory, provide real examples, and help you apply support and resistance trading in the live market confidently.

https://www.tradewill.com/blog/detail/60

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