How significant are these support and resistances?
I just wanted to know the significance of support and resistances!! Because I read about support and resistance in many many sites and forums and as well from experts, of USDJPY since last three four trading days.
Sup 118.75
Res 118.50
And price never reached to these levels.
Can any give me little more explanation.
I just wanted to know the significance of support and resistances!! Because I read about support and resistance in many many sites and forums and as well from experts, of USDJPY since last three four trading days.
Sup 118.75
Res 118.50
And price never reached to these levels.
Can any give me little more explanation.
All things are difficult before they are easy.