EUR/CHF – Falling Channel vs. 200-day SMA Support

Falling channel: After setting a 2013-high so far at 1.2648, EUR/CHF fell to 1.2221 during the the 6/13 session. The 4H chart shows a market in a falling channel. The RSI in the 4H chart shows some bearish development, and as long as the reading is under 60, the bias remains bearish. The moving…

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EUR/CHF – Falling Channel vs. 200-day SMA Support

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