In addition, foreign exchange traders can also judge foreign exchange support points and resistance points through boll. In the hourly line and the daily line, the upper rail of the Brin indicator is the effective resistance point in the near future, and the lower rail of the Brin indicator can be the effective support point in the near future. Traders can judge the strength and duration of support points and resistance points according to the cycle of market time.
Finally, traders can judge the support points and resistance points through the trend of the foreign exchange market. Is it a trend line in foreign exchange trading? If a certain point rises and then falls, then rises again, or falls and then rises and then falls again, and so on for many times, then this point can basically be judged as an effective support point and a resistance point. In addition, the longer the interval fluctuation time and trend duration in foreign exchange, the higher the accuracy of the support point resistance point and the more obvious its law.
How to judge the foreign exchange support point and resistance point? Today, I have introduced three methods to you, and I believe you have found a judgment method that suits you. However, we still have to remind everyone that today's judgment methods of foreign exchange support points and resistance points are for reference only, and traders still need to make their own judgments based on the actual situation of the foreign exchange market in the process of foreign exchange trading.