There are countless trading strategies that can be employed in Forex, and among them, the breakout strategy can prove to be the most valuable ultimate strategy. When the market price exceeds the pre-judged transaction price, the price will break through. This could be a breakout of support, resistance, technical price data, or an overnight trading range. Regardless of what triggers a breakout, a breakout is when price action penetrates the relevant price level and enters a new trading range. A s
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