Forex range trading is a strategic tool employed by traders to assess the ongoing market and find out the potential entry and exit points within a consolidating market. This is where the market constantly trades between support and resistance lines. A streak of higher highs or lower lows, meanwhile, indicates a trending market. The trendlines here would showcase either an upward or downward slope. On the other hand, a range-bound market would witness similar lows and highs, and they would be represented by flatter trendlines.