EURCHF Exhibits Signs for Continued Consolidation

<p>EURCHF found a foothold at the 1.0635 level, that being the 23.6% Fibonacci retracement of the down leg from 1.1058 to 1.0504. The pair was unable to sustain the correction that extended above the 200-day simple moving average (SMA) and as such currently demonstrates weak directional signals, something also reflected within the Ichimoku lines. Although […]</p>
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