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EUR/CHF overbought dailies ease

The 61.8% of Jan 15 wide at 1.0669 more or less supported the pullback 1.0665 was the low Friday Pair returns to mid-upper 1.0700s Remains safely below last week's 1.0811 highs Daily charts peaked in overbought territory…

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EUR/CHF overbought dailies ease
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  • The 61.8% of Jan 15 wide at 1.0669 more or less supported the pullback

  • 1.0665 was the low Friday

  • Pair returns to mid-upper 1.0700s

  • Remains safely below last week's 1.0811 highs

  • Daily charts peaked in overbought territory

  • Daily range entirely below 10 DMA (1.0645) = more forceful on sell side

 

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