EURCHF struggles to strengthen positive move

From xm.com

EURCHF is looking neutral in the short-term, hovering within the short-term simple moving averages (SMAs) and the 1.0360 support level. The bullish doji candle that was posted in the previous sessions, is suggesting an upside reversal move that will be completed if the pair climbs above 1.0510. Regarding the technical indicators, the RSI is holding near the 50 level with steady momentum, while the MACD is surpassing its trigger line below the zero level. The red Tenkan-sen line is standing below the blue Kijun-sen line, suggesting a negative bias. If the pair overcomes the 20- and 40-day SMAs, the next target could ... (full story)