The Forex Codes Support becomes Resistance
The concept of Support becomes Resistance (and vice-versa) is very powerful and VERY trade-able A firm support level (perhaps a major low) once it is broken will likely turn into a strong resistance level at a future date Conversely a strong resistance level (perhaps a major high) may turn into a firm support level once it is broken Copyright © 2007 Stephen Margison www.sm-forex.com