To me support it support. You like to wait for confirmation which is no problem. I have a bit more of an aggressive approach. What you said is that we shouldn't trade the support because it is GOING to break. That's an assumption and a statement that implies that you KNOW what the market is going to do next. That i cant agree with. Waiting for conformation is a perfect approach. But thats not what you said.
pcmourao
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Don't buy, it will break.... going to next support.
pcmourao
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Shoul be around 1.066
alectrade1
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You might be right. But nobody can know for certain what will happen next. So that support level is a support level until it breaks.
pcmourao
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Ah... but support only holds after it confirms ;) Hasn't confirmed yet.