Support level is a level lower than the current rate, which could possibly take an upward turn. Resistance level is a level above the current rate, which could possibly take a downward turn.
What do support and resistance levels mean in Forex Market ?
0 comments
Related Articles
- What Is Forex Trading / Foreign Exchange Markets ?
- General Forex Trading Tips - Must Follow To Be A Successful Trader
- What Are The Major Economic Indicators that Moves Currency Market - Fundamental Analysis
- What Is Fundamental Analysis in Currency Market ? An Introduction
- How to Be a Successful Forex Trader ? Just Follow Some Success Tips
- Bullish Kicking Pattern Strategy For Stocks and Currency Trading !