technical correction
The reversal in the market price of an asset against the direction of its prevailing upward or downward trend. When a persistent downwards trend is observed in a currency pair's forex rate, a technical correction upward can be seen due to a temporary shortage of supply that can present a selling opportunity to a trend trader.
Browse by Subjects
See All Related Terms »

annuity contract
Annual Percentage Rate
units of production method of depreciation
bank base rate
cold start