USDCHF Extends Sideways in a Range-Bound Market

<p>USDCHF presently below the 0.9700 mark, continues to zig zag above and below the mostly horizontal simple moving averages (SMAs) in a directionless market that has endured since early April. Glancing at the short-term oscillators, they too mirror weak directional momentum within the confines of 0.9588 and 0.9800. The MACD is just above its red [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298903-usdchf-extends-sideways-in-a-range-bound-market/">USDCHF Extends Sideways in a Range-Bound Market</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>