Technical Analysis – EURCHF at one-month high but trend bearish overall

EURCHF is making another attempt to close above the 50-day simple moving average (SMA) on Tuesday, sending the price to a four-week high of 1.6010. The strengthening RSI and the improving MACD are endorsing the move up. However, A bearish trend is well intact on the daily chart and only a decisive rally above the […]