What Does Forex Retrace Mean? - Forex Retrace Meaning - Forex Retrace Definition

The forex price of a currency pair does not move upward or downward in a straight line. Instead the forex price of a currency pair moves up or down in a zigzag pattern called a trend.

Upwards trend price retrace - the forex price moves upward in a forex trend then it retraces before resuming the upwards trend direction

Downwards trend price retrace - the price moves downward in forex trend direction & then retraces before resuming the downwards trend direction.

What Does Forex Retrace Mean? A forex price retrace is a pullback of the price before the forex market resumes the original trend movement.

Forex Retrace Explanation & Retrace Definition - Example of Retrace Pattern

What is Forex Retrace Meaning? - What Does Forex Retrace Mean? - Forex Retrace Explanation & Retrace Definition

Explanation of Forex Retrace Pattern

1-2: Price Moves Up - Forex Trend Direction

2-3: Price Retrace

3-4: Price Moves Up - Forex Trend Direction

4-5: Price Retrace

5-6: Price Moves Up - Forex Trend Direction

The retrace definition of forex price is explained on the forex example - this represents a forex retrace move in an up ward forex market trend.