CADCHF: Ranging Market

Taking a soft look at the bigger picture on the daily time-frame, clear trend channels and Support & Resistance levels are drawn with the market structure identified as a ranging market.

Also, series of test of both trend channel render it valid as good entry points for swing trading. However, take note of the zones between 0.74802 and 0.74456 when going short or long. The market remains in a range and has no clear direction.