How to use round levels in forex trading 2025
Today in this article we are going to talk about one of the most important types of support and resistance levels in technical analysis, called round levels or round numbers, which are very important and widely used in price action style. we can also make good profits in forex trading by using these round levels and numbers. By learning the strategy of round numbers, we can easily profit from the market as this strategy has a high win rate and is also very easy to learn. stay with us to examine the round levels in the rest of the article and learn how to trade using these levels.
What are round levels in forex trading?
Round levels are round prices on the chart that act as support or resistance levels. If the price is above these levels on the chart and the market trend is bearish and then the price hits these round levels, these round levels act like a support level.
But if the price is lower than these round numbers on the chart and the trend is bullish, these round levels act like a resistance level. Therefore, these round numbers on the chart are very important to us. Also, in many cases, when the price reaches these levels, it breaks these round levels with a strong move.
Consider the following example
Photo from TradingView
As you can see in the image above, we have marked a round level on the chart with a blue line, notice how the price reacts when it reaches this round number on the chart. As you can see, this round level acts as both support and resistance. Now we understand how important the round numbers can be on the chart and how the price reacts to them.
Why does the price react to round numbers?
Round numbers in the market have a strong psychological effect on traders and they will usually close their positions when the price reaches these round numbers or, depending on the resistance or support that these levels have, they will try to open suitable positions at these round levels.
In addition to the traders, the trading computers that trade with huge volumes and capital also pay a lot of attention to these round numbers, these experts and computers have many strategies to trade on these round levels.
Thanks for your interest in our article