Notable decline is seen in GBP/CHF today and it’s now pressing a head and shoulder neckline support, as well as 55 day EMA. Considering bearish divergence condition in 4 hour MACD, 1.1574 is likely a short term top. Fall from there should be correcting whole rebound from 1.0183. Deeper fall is now in favor as […]
The post GBP/CHF pressing head and shoulder neckline, more downside ahead appeared first on Action Forex.