EUR/CHF Technical: Bullish Exhaustion Condition Detected After 2-Month of Rallies
A bolder dovish ECB increases the likelihood of a yield premium shrinkage of Eurozone sovereign bonds over Switzerland sovereign bonds. The recent 2-month of rallies seen in the EUR/CHF have been overstretched with bearish momentum conditions flashed out. EUR/CHF is at risk of shaping a short-term mean reversion decline within a medium-term uptrend phase. Watch […] The post EUR/CHF Technical: Bullish Exhaustion Condition Detected After 2-Month of Rallies appeared first on Action Forex.
A bolder dovish ECB increases the likelihood of a yield premium shrinkage of Eurozone sovereign bonds over Switzerland sovereign bonds. The recent 2-month of rallies seen in the EUR/CHF have been overstretched with bearish momentum conditions flashed out. EUR/CHF is at risk of shaping a short-term mean reversion decline within a medium-term uptrend phase. Watch […]
The post EUR/CHF Technical: Bullish Exhaustion Condition Detected After 2-Month of Rallies appeared first on Action Forex.
