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How to judge the support point and resistance point of foreign exchange
In order to accurately judge the support points and resistance points in foreign exchange, we must rely on some technical indicators. However, different foreign exchange technical indicators have different judgment methods, and I will introduce them to you in detail next. Firstly, this paper introduces the use of K-line to judge foreign exchange support points and resistance points. K-line is the most common technical index in foreign exchange trading, and it is very convenient to judge the support and resistance points of foreign exchange. In the K-line, if a large positive line appears in the hourly chart and the intraday chart, then the bottom, top and middle of the positive line are all effective support levels, which can be used as an important reference for traders to make orders.

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.