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USDCHF Heads South after Peaking at 22-Month High

Started by PocketOption, Apr 20, 2022, 08:42 pm

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PocketOption

USDCHF Heads South after Peaking at 22-Month High

USDCHF has been underperforming today, returning below the key 22-month high of 0.9535 that was reached on Tuesday. When looking at the bigger picture, the pair has been developing within an uptrend since June 2020. The RSI's momentum is too weak to provide a sustained move higher as it is showing some overbought signs. However, the MACD is stretching its positive move above its trigger and […]


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