Technical Analysis – EURCHF stalls above 200-day SMA as negative tensions grow

EURCHF remains confined between 1.0837 and 1.0733 as it consolidates above the 200-day simple moving average (SMA), something also reflected in the flattened Ichimoku lines and cloud. The pair’s recent weakening in this section is further mirrored in the short-term oscillators. The MACD, some distance in the positive region, has dipped below its red signal […]