Support and Resistance

[vc_row][vc_column][boc_spacing height=”10px”][vc_column_text]Support and resistance refers to levels where price is likely to pause, bounce or even reverse. Support is a lower price point or zone where the currency pair is considered ‘cheap’, spurning buying interest. Resistance is an upper price point or zone where the pair is considered ‘expensive’ and is likely to encounter sellers.[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row_content_no_spaces” css=”.vc_custom_1587534820010{margin-top: 40px !important;margin-bottom: -45px !important;padding-top: 40px !important;padding-right: 15% !important;padding-bottom: 3% !important;padding-left: 15% !important;background-color: #f7f7f7 !important;}”][vc_column][boc_heading alignment=”center” css_classes=”title_page_abb”]More News Posts[/boc_heading][boc_spacing][boc_posts_carousel items_visible=”4″ navigation=”Dots” autoplay=”yes” loop=”yes” exclude_current=”yes” design_preset=”simple” excerpt_word_limit=”10″ show_read_more=”yes” img_hover_effect=”1″][/vc_column][/vc_row]