EURCHF forms a foothold off the mid-Bollinger band at 1.0220 after the rally from the more than 7-year low of 0.9971 was curbed by the 1.0400 handle, and the 100-day simple moving average (SMA). Nevertheless, the descending SMAs continue to sponsor the bearish outlook in the pair. The short-term oscillators are transmitting conflicting signals in […]
The post EURCHF Locates Footing at Mid-Bollinger; Bearish Risks Linger appeared first on Action Forex.
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