A sideways trend is a horizontal price movement between levels of support and resistance. It occurs when the market does not have a sense of direction and ends up consolidating most of the time.A sideways trend is seen as horizontal lines occurring between drops and falls in currency price. The trend can last anywhere from a couple of days to a few weeks, after which the price can rise or drop off. The direction in which a currency price moves after a sideways trend in the market is most often the original direction prevalent before the trend occurred.
Currency prices can be said to behave more stably during a sideways trend. This offers an entry point for investors with targeted trading strategies. However, the common trader behavior during a sideways trend is to lay low until a new trend emerges
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