Technical Analysis – EURCHF gathers momentum to the downside; bias turns bearish
EURCHF has stalled its uptrend recorded between October 2-12, stretching below the 1.15 key level and the 50-period exponential moving average. The short-term bias has turned bearish in the 4-hour chart according to technical indicators. Both the RSI and the MACD give bearish signals as the former has dropped below its neutral zone, while the […]