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Support and resistance is one of the base ideas in trading. All seasoned traders understand and use this very basic concept. Support and resistance is a concept that the market will experience opposition to one degree or another in a certain area. That means that the market will tend to struggle at areas of support and resistance and often times bounce. Click this site http://www.theforexguy.com/how-to-draw-support-and-resistance/ for more information on Support and resistance.