The foreign exchange market is said to be in a trading range when:
A) the tops and bottoms are at the same level
B) traders can buy at the bottom and sell at the top
C) the exchange rate moves between the upper and lower limits allowed by the underlying exchange rate arrangement
D) the trading volume is extremely high

Question

Quizplus · Accepted Answer

In a trading range, the market moves between established levels of support (bottoms) and resistance (tops), which are at the same level over a period of time.

The Foreign Exchange Market Is Said to Be in a Trading