A downtick is a new price quote lower than the previous quote.
For example, if EUR/USD traded at $1.1510, and the next trade occurs at a price below $1.1490, EUR/USD is on a downtick.
Modified on: Fri, 3 May, 2019 at 5:48 PM
A downtick is a new price quote lower than the previous quote.
For example, if EUR/USD traded at $1.1510, and the next trade occurs at a price below $1.1490, EUR/USD is on a downtick.
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