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What is the resistance of R1

What Is The Resistance Of R1 class=

Sagot :

Answer:

R1 is the first resistance level. It usually falls above the pivot point and below R2 but there are circumstances (see below) when the pivot point can be above R1. R1 is calculated as part of the Pivot Points calculations that traders use to determine where the market might reverse direction.

Explanation:

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