A reversal in the trend of the price of a stock or commodity(noun)
Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License
Use "retracement" in a sentence
"We could ponder why that is, but more importantly, we've been ramping up the lock discourse recently and this afternoon, we see the highest risks of short term retracement in a while."
"The common currency tested a key short-term retracement level today, representing 50% of the March range."
"The daily chart is indicating a weakening condition because of the market's inability to establish support at the short-term retracement zone at 1.4499 to 1.4435."