EURCHF recorded its largest daily gain in more than a year on Monday after repeatedly failing to clear the tough 1.0500 bottom. On Tuesday the pair is attempting to claim a similar credit, but it first needs to remove the 1.0652 resistance and close above 1.0700 to confirm additional buying action. The momentum indicators are in favor of the bulls as the MACD is hovering within the positive area – barely though – for the first time since the end of 2019, while the RSI is rising with a steep positive slope above 50. Yet, any improvement in the price should be treated carefully as the latter is not far from its 70 ... (full story)