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