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16 Sep 2015
EUR/CHF extending scope of projections
EUR/CHF has just crossed below the 200 SMA on an hourly chart.
For traders inclined to nibble on short trades, the cooling EUR/CHF price now eyes the 800 SMA, which corresponds to the reading of the 200 SMA on 4H charts. The last such price-indicator cross has occurred at least over a week ago on this time frame, accentuating its significance.
For traders inclined to nibble on short trades, the cooling EUR/CHF price now eyes the 800 SMA, which corresponds to the reading of the 200 SMA on 4H charts. The last such price-indicator cross has occurred at least over a week ago on this time frame, accentuating its significance.