What is Support? | FOREX.com

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Welcome to our new video series on support and resistance. Let's begin with understanding 'support'. In simple terms, a support level is a price point where a market typically fails to move below. This is the moment when sellers seem to lose momentum, and buyers step in, pushing price higher.

This video is the first part of a 2-episode series where we take a closer look at what support and resistance is and how it can be used in trading.

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Category
Trading Online & Forex Online
Tags
support and resistance trading strategy, support and resistance trading, trading

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