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You see, in reality, support and resistance are price zones, not exact numbers. This is clearly visible when switching from a higher timeframe to a lower one: an horizontal line on a weekly chart ...
While the pair hovered near the key 1.1400 resistance, a decisive break above ... respectively. The Forex Forecast Poll is a sentiment tool that highlights near- and medium-term price expectations ...
In technical analysis, a horizontal line represents a price chart to note the security’s support level or resistance level. The line runs parallel to the x-axis to show the security’s price ...