Technical Analysis – USDCHF eyes 1.000 level for fresh direction

USDCHF managed to pierce the 1.0000 mark after four months before pulling back into the 0.9900 region, questioning the sustainability of the downtrend from the 1.0234 peak. The sideways move in the RSI and the MACD’s location reflect a neutral-to-positive bias for short-term trading. Should the bulls finish comfortably above the 1.0000 barrier, traders could […]