EURCHF found some footing around the 32-month low of 1.0780 last week and returned inside the trading range from 1.0810 to 1.1055. The MACD seems to be losing momentum below its red trigger line, the RSI is still hovering around its 30 oversold mark and the red Tenkan-sen is sloping down as well, while the blue Kijun-sen is still flattening, all signaling a more cautious trading in the short-term. Should weakness extend below the 32-month low of 1.0780 mark, support to downside movements could be initially detected within the 1.0620 – 1.0650 area, identified by the bottom on February 2017 and April 2017. ... (full story)