Trading Academy
Forex Glossary
Trading Guides
News
BlogBack to Glossary
Resistance
A price level where selling interest is strong enough to prevent the price from rising further.
What is Resistance in forex trading?
A price level where selling interest is strong enough to prevent the price from rising further. Traders often look to sell at resistance levels. If broken, resistance can become support.
Detailed Explanation
Traders often look to sell at resistance levels. If broken, resistance can become support.
Want to learn more?
Check out our full Academy courses to master Resistance and other concepts.
Visit Academy