Definition: In forex trading and financial markets, the term “figure” typically refers to a round number or a price level that is a whole number without any decimals. These levels are often psychological barriers or points of interest for traders. For example, in the context of currency pairs, a figure might be 1.2000 for EUR/USD or 150.00 for USD/JPY.
Examples in Forex Trading:
- EUR/USD: A figure might be 1.1000, 1.1500, or 1.2000.
- USD/JPY: A figure might be 100.00, 110.00, or 120.00.
- GBP/USD: A figure might be 1.3000, 1.3500, or 1.4000.
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