USDCHF Pushes Higher, Though Downside Risks Remain

<p>USDCHF climbed above the 50-period simple moving average (SMA) in attempts to boost positive momentum in an already prevailing negative structure. The falling 100- and 200-period SMAs support the negative picture while the 50-period SMA suggests the pair may drag on to challenge the short-term descending line drawn from May 27. The short-term oscillators reflect […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/306244-usdchf-pushes-higher-though-downside-risks-remain/">USDCHF Pushes Higher, Though Downside Risks Remain</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>