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USDCHF bulls gain impetus; 0.9300 in focus
video USDCHF is getting bullish vibes, aiming to close significantly above the resistance trendline that has been keeping buying pressures under control since the end of November at 0.9245. The RSI has finally stretched its uptrend clearly above its 50 neutral mark, backing the positive momentum in the price. Likewise, the MACD continues to strengthen above its red signal line, set to cross above zero, reflecting growing optimism in the market too. Still, traders may remain patient until the price successfully overcomes the 50-day exponential moving average (EMA) and the 0.9300 round-level before they target the ... (full story)
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