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Forex glossary - R

Range - The difference between the high and low price of a commodity during a given trading period - session, week, month, year, etc.

Rate - The price of one currency in units of another.

Recession - falling of business activity.

Resistance - it is a specific price level at which people will sell (technical analysis concludes so).

Retracement - A level of possible correction of the Forex rate counted in a technical analysis after the growth or falling.

Reversal - A change in prices' direction.


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