Resistance levels are the rate or price above the current level of a currency pairs. They indicate the level where a downward turn may begin.

A chart point or range that caps an increase in the level of a stock or index over a period of time. An area of resistance or resistance level indicates that the stock or index is finding it difficult to break through it, and may head lower in the near term. The more times that the stock or index has tried unsuccessfully to break through the resistance level, the more formidable that area of resistance becomes.

A price level above which it is supposedly difficult for a security or market to rise.

A price or index level which investors feel marks a boundary which they are reluctant to cross, since beyond that boundary the price would be too high or too low.