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Make a list of those brokers that you find suitable and then go into the details of their terms and conditions. Do inquire about their spread, trading tools and affiliations. Opt for forex brokers who maintain low spreads. Spread is the difference between the buying.

Other than those previous highs and lows which can be used as a level of support and resistance, you can make use of the daily pivot point to help you identify major support and resistance. The reason why the pivot point is so powerful is.

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