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USDCHF Trims Gains Within Bullish Channel

USDCHF drifted down to 0.9017 after facing resistance around the familiar long-term constraining zone of 0.9070. The negative slope in the RSI and the Stochastic oscillator on the four-hour chart suggests market sentiment may remain downbeat in the coming sessions. The MACD has slipped back below its red signal line, increasing the likelihood of another leg […] The post USDCHF Trims Gains Within Bullish Channel appeared first on Action Forex... Read More

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Posted: May 26 2023, 11:28

Author Name: actionforex

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