New Zealand Dollar / Japanese YenEducation
Basics: Support and Resistance
Support, a market position where a downtrend will be obstructed by a historical price level that establishes a demand zone.
Resistance, a market position where an uptrend will be obstructed by a historical price level that establishes a supply zone.
Resistance, a market position where an uptrend will be obstructed by a historical price level that establishes a supply zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.