Report this content as inappropriate on the site:

Answer:

That refers to round numbers (those with lots of zeros, like 1.5000) where most traders place their orders on. Because of that, these levels often serve as support/resistance levels.

Author: HappyPip

Type of Abuse:

I think this answer violates the community guidelines.

Chat or rant, adult content, spam, insulting other members
I think this answer is illegal.

Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing

Additional details (optional):

What happens next?

If one or more reliable members of the community report this answer it will be removed.

Sign In

AskPips.com