The EURCHF is another currency pair that is trading in a short term range around an important LT support level. The only difference is that the range in the EURCHF is clearer than that of the USDCAD:

In this case, I’d look for short opportunities around the top of the range and long around the bottom of the range (because the range is well defined).

Do you like to trade ranges?

Trade Safe!

Raul Lopez
Price Action