A breakout occurs when prices exceed previously determined support or resistance levels. Long positions are signalled when prices move above resistance, while short positions are taken when prices drop below a clearly defined level of support. Since these breaks are uncommon (and usually unexpected) markets are typically caught off-guard by the price activity and, as a result, volatility will generally increase. Another reason for this increase is that traders with range-trading strategies often have stops just outside the commonly defined range and, when the breakout triggers these stops, prices have the potential to gain momentum in the direction western union forex rates india the break. While breakouts can occur on any timeframe those seen on the longer-term charts tend to create more significant changes in momentum and volatility, western union forex rates india, and hence more profit potential.

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Western union forex rates india

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Western union forex rates india

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Western union forex rates india