Technical Analysis – EURCHF holds in upward sloping channel; some losses are expected

EURCHF has eased in the previous two days after it hit a three-year high of 1.1830 earlier this week. Prices broke above the 1.1800 psychological level on January 12 and are trading above their moving averages in the daily chart. It is worth mentioning that the pair has been developing within an upward sloping channel since August 2017. Short-term momentum indicators […]