16 Dec 2015
EUR/CHF mid-term buyers gaining momentum
On the 4H EUR/CHF chart, the MACD has moved above zero denoting an uptrend.
Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push EUR/CHF higher.
Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push EUR/CHF higher.