Tight Trading Range on USD/CHF - But Could we see a breakdown?

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The USD/CHF began trading lower for years, rallied, and now we're in a very tight trading range. But as with many of the USD/X pairs, we can see large areas of low-liquidity below price. That means that if we trade into those areas, we could see a serious markdown in price.

To see what I mean by low-liquidity on the chart, look at the yellow box where price hasn't traded very much - just a few candles.

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