How many times when it rebounds from the Support or Resistance that makes it a worthy of noticing it as a strong support or resistance - Is there a set number? What makes you decide that 1.4408 is a better buy zone than 1.4288?
In Trading market, no set numbers can be given. Market is very dynamic and we should never mistake to predict it, we can only watch its action and act accordingly. According to current momentum, volumes and considering previous high support level at 1.4408 i view it as a potential and likely buy zone. However, its my view only.
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