Technical Analysis – USDCHF loses ground after exciting rally

USDCHF experienced its fastest daily rally in a couple of months on Tuesday, advancing by 1.2% to chart an almost one-month high of 0.9397. Despite the strong bullish momentum, the price could not crawl back above the broken support trendline from the 2021 lows, sliding back to the red zone on Wednesday. A bullish bias […]