USDCHF has been marching higher in the medium-term, creating a profound structure of higher highs and higher lows. However, in the last few sessions the pair has experienced a moderate pullback as the price dived beneath both its 50- and 200-day simple moving averages (SMAs). The recent retreat is likely to continue as the momentum […]
The post USDCHF Extends Retreat after Sharp Sell-Off appeared first on Action Forex.
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