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  • “Unlock the Secrets of Forex: Simple Technical Analysis Tips to Transform Your Trading Game!”
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Tips March 9, 2025 0 Comments

“Unlock the Secrets of Forex: Simple Technical Analysis Tips to Transform Your Trading Game!”

What are support and resistance in forex trading?
Support and resistance are price levels at which the price of a currency pair has historically struggled to break through. Support is a level where the price tends to find support as it falls and resistance is a level where the price tends to encounter selling pressure as it rises.

What are trends in forex trading?
Trends are sustained price movements in a specific direction. In forex trading, trends can be either upward (bullish) or downward (bearish). Trends can be identified by using technical analysis tools such as trend lines and moving averages.

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