Resistance definition

A term used in technical analysis indicating a specific price level at which a currency will have the inability to cross above. Recurring failure for the price to move above that point produces a pattern that can usually be shaped by a straight line.

Related words

RevaluationRevaluationRolloverRepatriationReserve CurrencyResistanceRoll-OverRepo - Re-purchaseRedemptionReinvested dividends