Technical Analysis – USDCHF points up in descending channel

USDCHF started a positive day after it found several times support at the 23.6% Fibonacci retracement level of the down leg from 0.9295 to 0.9029 at 0.9092 over the last days. The RSI indicator is pointing upwards in the positive area, while the MACD oscillator is extending its move above its trigger and zero lines. […]