Forex Support and Resistance Guide

October 19, 20251 min read
Forex Support and Resistance Guide

Currency Strength Meter Team

Forex Analyst & Writer

#technical analysis#support resistance#price levels

Introduction

Every chart has a heartbeat, and that rhythm comes from support and resistance.
Combine these key levels with a currency strength meter, and you’ll know where and when to act — not just why.

You’ll find live chart examples at www.currencystrengthsmeters.com.

The Basics

Support is where buyers step in; resistance is where sellers defend.
But here’s the catch: they’re zones, not exact lines. Treat them like areas of interest, not single-price magnets.

How to Identify Zones

  • Look left — previous swing highs/lows.
  • Watch reaction clusters (wick rejections).
  • Mark round numbers (psychological levels).

Combine with Strength

If EUR shows strong and USD weak, check EUR/USD approaching resistance. A clean breakout plus strength alignment often starts a new leg.

Common Mistakes

  • Treating levels as guaranteed reversals.
  • Ignoring timeframe context.
  • Forgetting that strong trends break levels like paper.

From CurrencyStrengthsMeters.com — practical trading education without the fluff.

🔹 Key Takeaways

  • Use strength meters to spot strong/weak pairs quickly.
  • Combine with price action for accurate entries.
  • Stay aware of major economic events.

💬 Comments

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Forex Support and Resistance Guide