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Martinspoon
Oct 28, 2018 8:35 AM

Past Level of Support acting as Level of Resistance? Short

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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If the past level of support marked on the chart turns into a resistance level, and hold its ground, the marked trade on the chart may be a good rocker to the down side. Stop is marked by red line, Entry by green line and target by Light Green line.
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