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range bound markets are ones in which price action bounces between a high and a low points on a technical chart. The high acts as a major resistance level and which is defined by at least two attempts to breach a certain rate, where this has failed and then price action goes on to fail during its attempts.
The opposite applies to a specific low, which acts as a level of support, and at least two attempts have been made to breach this level and where attempts have failed…

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