USDCHF had a bearish start on Thursday, with the price breaking a crucial level below the 20- and 40-day simple moving averages (SMAs). The pair has also increased its distance below its negatively sloped 200-SMA and the Ichimoku cloud, indicating that the recent downtrend might hold for longer. The momentum signals are bearish as well […]
The post USDCHF Shows Negative Signs in the Short-Term appeared first on Action Forex.
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