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EUR/CHF: faster SMA now above 200-hour

By : Mex Group

EUR/CHF: faster SMA now above 200-hour

12 September 2016, 05:01

As the EUR/CHF hourly chart illustrates, a cross in the 50-period SMA above the 200-period has been spotted.

In the current scenario, the recently printed low prices are at relatively narrow distance to the SMA juncture which is expected to withstand a collision. Buyers might take advantage of any marginal decline to place their orders.

The risk scenario is a sustained close beyond the 200-SMA.

EUR/CHF 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.0950434207916 1.0955467224121 1.0960433483123 1.0970432758331 1.0975465774536 1.0980432033538

Trend IndexOB/OS Index
Neutral Neutral