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Research Results

Results for 'EURCHF'

1 article with this tag name

EURCHF broke above downward trend-channel resistance at 1.2330

Updated  Jan 7, 2014 11:45:00 AM


EURCHF was trading in a downward trend-channel since the beginning of the second half of 2013. This bearish momentum was affirmed by daily RSI which continued to find resistance into the key 60/65 level, which is often characteristic of where it may find resistance when a currency pair is in a prolonged downtrend. However, as the year turned, so too did the pair’s technical outlook. In the first week of trading of 2014, EURCHF  [...] Continue Reading ...


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