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EUR/CHF oversold bullish divergence made by RSI today

Source: Thomson Reuters


  • EUR/CHF today's 1.0297 low just 3 pips above key 50% retrace of 0.9776-1.0011 rise

  • Near-term bottom signals abound, break & close above Mon's 1.04 high would reinforce today's bullish signals

  • An oversold bullish divergence made by RSI today, Daily Cloud base 1.0270

  • 38.2% & 61.8% of Feb-Apr slide match Apr 6 swing hi & Feb 27 swing low

  • 38.2% target is 1.0494 vs the Apr 6 high at 1.0495

  • Market Data
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