EURCHF is edging higher today, bouncing off a support area defined by the 200-day simple moving average (SMA) and the 38.2% Fibonacci retracement of the June 9, 2022 – September 26, 2022 downtrend respectively. The recent upleg could be the product of the recent bullish divergence that formed between the EURCHF lows and the stochastic oscillator, […]
The post EURCHF Moves Higher, But Overall Picture Remains Mixed appeared first on Action Forex.
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