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EURCHF Consolidates Below 50-day MA, Lacks Direction

Started by PocketOption, Sep 07, 2022, 03:13 pm

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PocketOption

EURCHF Consolidates Below 50-day MA, Lacks Direction

EURCHF is consolidating after the rebound from the all-time low of 0.9552 ran out of steam. The momentum indicators are portraying split views on the next direction. The %K and %D lines of the stochastic oscillator are both sloping downwards, heading for oversold territory. But the MACD histogram is on the verge of turning positive […]


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