EURCHF portrays an improving picture despite its latest retreat from the 1.0859 resistance mark. The rising simple moving averages (SMAs) retain a bullish tone while the merged Ichimoku lines are flattening in-line with the Ichimoku cloud, supporting dampened price action currently between 1.0794 and 1.0859. The short-term oscillators reflect waning positive momentum. The MACD, in the positive zone, is easing above its red trigger line, while the RSI is diving in bullish territory. Furthermore, the stochastic oscillator is reflecting negative [..]
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