Curve of currency movements or trading: It is the line that reaches successive peak levels of currency trading, and it has two types, ascending and descending.
As for the upward movement curve, it sums up the successive pivot values recorded by the currency when it rose (an ascending line is drawn under the graph that connects the lowest values recorded by the currency). As for the descending movement curve, it sums up the values of the successive resistance recorded by the currency when it fell (a descending line is drawn above the chart connecting the higher values recorded by the currency). The market can be considered rising when the trades remain above the trend of the currency movements and vice versa.
Learn more economic terms in the Glossary of Terms