Disliked{quote} Hi soulmailers - always happy to help anyone new to forex. It's going up because there is support. It went down because there was resistance, in this case, in the form of the 30 minute 200 simple moving average. When there is support or resistance, you never really know at exactly which level it is going to come in. Fibonacci can help here. Today's low found support on the 61.8% level, always an important one. When it stalled, it was just a question of waiting for an entry signal on whatever time frame you trade. Your best course of action...Ignored
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