EURCHF Rebounds on 5-Year Low; Strongly Negative in Long-Term

EURCHF is trading slightly above the five-year low of 1.0515, flirting with the 20-day simple moving average (SMA) and the immediate resistance at 1.0615, which coincides with the 40-day SMA. The market is remaining well below the descending trend line, creating a strong selling trend which began eleven months ago. Technically, the RSI indicator is pointing up in the […]
The post EURCHF Rebounds on 5-Year Low; Strongly Negative in Long-Term appeared first on Action Forex .

Top Articles