EUR/CHF – Throwback after Double Bottom off the 200-day SMA

Off the 200-day SMA: The EUR/CHF has been consolidating just above the 200-day SMA. the 4/9 session candle shows a breakout from this consolidating. This could be a early sign that bears are kept in check, and that a bullish outlook could develop. There is a slightly bullish bias because price…

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EUR/CHF – Throwback after Double Bottom off the 200-day SMA

EUR/CHF – Throwback after Double Bottom off the 200-day SMA

Off the 200-day SMA: The EUR/CHF has been consolidating just above the 200-day SMA. the 4/9 session candle shows a breakout from this consolidating. This could be a early sign that bears are kept in check, and that a bullish outlook could develop. There is a slightly bullish bias because price…

More: 
EUR/CHF – Throwback after Double Bottom off the 200-day SMA