jessi061

EURCHF overbought plus bearish divergence. Mid term idea!

Short
FX:EURCHF   Euro / Swiss Franc
EURCHF is having trouble making new October highs after hitting resistance at the daily chart’s 100 SMA!
Does this mean that the euro’s partying days are over? A quick peek at EUR/CHF’s Stochastic flashing overbought signals for the pair. What’s more, there’s also a bearish divergence on the chart!
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