Indice QE

QE Index - Short term vs Long term (RL & SL)

101
As a price moves up and down on charts, it encounters “barriers” along the way. If a barrier acts like a floor and keeps the price from dropping any lower, then it is known in trading terminology as support. When it acts more as a ceiling and stands in the way of upward moves, it is called resistance...

Source:bforex

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