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Handle

In trading, a “handle” is a reference to the price level of a financial instrument that ends in two zeros, for example, 1.2000 or 1.3000. These price levels are significant because they tend to attract traders’ attention and can sometimes act as a support or resistance level. For example, if the EUR/USD exchange rate is trading at 1.2950 and starts to move towards the 1.3000 handle, traders may become more cautious and sell the euro, leading to a potential pullback in the exchange rate.

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