Why does previous support become resistance and vice versa?

[Chow.ash]

i don't know about this.Try to understand the movement, don't waste the time support and resistance. Use zigzag indicator to analyze in seconds. Support and resistance is not the hard term, and there is no restrictions that we should have to use support and resistance.

[halk500]

could be because however many parties who have an interest in the forex sector include large investors and governments to maintain their currency exchange rate good luck............................

[Chelsea91]

because hammers and many big traders have a strategy in trading, even many banks are doing that, they set 2 order on the support or resistance level one above it and the other below it, when the support level is broken they sell with large lot so it becomes hard to be broken again after that

[mahmoudhemo]

you should know that support and resistances are the most important thing to understand the basics of market. Support become resistance when it is broken and vice versa. It happens because once price have bounced from that level and price obeys these levels.

[namrood]

support aur resistance values pe aake market kuch der ke liye consolidate karta hai kyunki in levels pe buying aur selling bahut zada hoti hai is wajah se market thoda confuse rehta hai
kayi traders inhi levels pe trading karna pasand karte hai jabki me sath me fundamentals ko bhi dekhta hon fir trade karta hon

[msdf999004]

I think forex is a good job.yeah I agree with you and when the winner is the buyer will be able to suppress or sign in resistant whereas if the winner is the seller is able to penetrate the support.Best of luck.................................

[tul]

Trying to understand the movement, don't waste your time of support and resistance. Using zigzag indicator is analyzed in the drive. No, our support and resistance using support and resistance is not a hard term limits.

[gagafx]

This is very basic concept of currency trading trading. If any currency trading couple passes across any particular support or level of resistance, then it will instantly become its reverse.

[pitra7]

good question my friend... i will answer as my best... i think those level is critic level for currency pair... and usually that level will become the best entry level... i also still learn how to detect support level and resistance level quickly... because trade with support level or resistance level is simplest way to trade...

[casiotab]

When the cost assessments a certain stage it becomes the assistance, and if the same cost range is examined for more number of periods then it becomes the powerful stage of resistance. Once when this stage is damaged it becomes the stage of resistance and the powerful assistance becomes the powerful stage of resistance. That is how the specialized factors work.