Price move start from highest price to low so that level is resistance.
Support:-
Price move start from lowest price to up so that level is support.
When trader use price action strategy . They use support and resistance . Because mostly sell from resistance and buy from support .also fibonacci is a price retracement tool ,it make a new minor resistance and support.
Free forex trade signal today it's a risky trade...because we are 50% sure and usd news is coming...its depend on forex trader they make trade or not. USDCHF Buy At :-1.00040 TP 1 HIT TP 2 HIT TP 1 :-1.00170 TP 2 :-1.0025 SL :-0.99800 Daily free chart analysis Contact Us About Us
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