CHFJPY is advancing to an almost two-year high of 117.47 with strong momentum, confirmed by the rising 20– and 40-day simple moving averages (SMAs). The RSI indicator seems to be taking a turning point near the overbought level. However, the MACD is still extending above the trigger and zero lines. A positive run above today’s high could challenge the 118.05 – 118.55 […]