What is the Exchange Rate exchange rate (also known as a foreign-exchange rate, forex rate, FXrate ) between two currencies is the rate at which one currency can be exchanged for another countries currency. 29 more words
On the 4-hour chart – Descending trend line breached, now forming a nice base around 1.6799. RSI above 50, but flat lined. A break above 1.6804 would strengthen bid tone. Target 1.6866-1.6938 Stops below 1.6799.