The value of an asset observed at a particular point. For example, a Forex Trader who thinks a currency pair is likely to fall might look for an attractive price level to enter into a short position in the currency pair. This might be done just ahead of an important resistance price level that has already been established for the currency pair.
Browse by Subjects
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):