Technical Analysis – USDCHF looking bullish in the short-term but maintains bearish medium-term tone

USDCHF has advanced is recent weeks, distancing itself from the near three-year low of 0.9187 hit on February 16. Last Friday, the pair posted a seven-week high of 0.9534. The short-term bias is looking cautiously positive, with the RSI continuing to rise. The pair has managed to marginally exceed the 50-day moving average line at […]