{video}USDCHF has been gently moving sideways, unable to post durable gains above the 0.8500 level after the bounce off a nine-month low of 0.8331 at the end of 2023. Both the RSI and the MACD have been trending up over the past week, reflecting improving sentiment in the market. Yet, the former is still some distance below its 50 neutral mark, indicating some persisting discomfort as investors eagerly wait for the US CPI inflation figures to reassess their rate cut bets later today at 13:30 GMT. The area between the 20-day simple moving average (SMA) at 0.8550 and the 0.8600 round level, which encapsulates the 23.6% ... (full story)