USDCHF Bullish Bias Intact Despite Pullback to 23.6% Fibonacci

[PocketOption]

USDCHF Bullish Bias Intact Despite Pullback to 23.6% Fibonacci

USDCHF has bounced toward the mid-Bollinger band after testing the 50-period simple moving average (SMA) currently around the 0.9700 mark. The soaring simple moving averages (SMAs) are defending the more than one-month uptrend in the pair despite the retreat in the pair that came short of the 0.9696 level, which is the 23.6% Fibonacci retracement […]

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Source: USDCHF Bullish Bias Intact Despite Pullback to 23.6% Fibonacci