Reply To: Resistance Levels

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June 8, 2015 at 11:02 pm #1052
Ryszard Swierczynski
Participant

Hi,
I am looking at your charts and I’m not sure if I understand you correct.

For example at the chart EUR/GBP you marked a level of untested support. Does it have to be a support? I think that it also can be a level of resistance.

Same goes for GBPUSD 15 min. How do you decide if the level that you’ve marked is support or resistance?
Please, help :).