Technical analysis of USD/CHF for December 12, 2017
USD/CHF is expected to trade with a bearish outlook below 0.9955. Although the pair broke above its 20-period and 50-period moving averages, it is still trading below its key resistance at 0.9935, which should limit the upside momentum. The relative strength index lacks upward momentum. To conclude, as long as 0.9955 is not surpassed, another […]