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EURUSD - LOOK FOR VOLUME & PRICE ACTION AT RESISTANCEFX:EURUSD (FOR LEARNING PURPOSE ONLY) Clearly we can see expanding volume whenever the price moves up & declining volume on down move But in most recent up move (inside channel),price increasing on declining volume Considering the volume pattern,the resistance zone becomes crucial . If price holds on to the resistance and moves down,if volume confirms,price might fall to next support If price breaks the resistance on volume confirmation,bullish trend may continue strongly for next few sessions
by Arun_000