Last Updated Date: 14 February 2022 @ 11:54 AM (UTC)
*Please note that all the dates are in GMT time zone
Being in the Overbought area for the last 2 trading days, The EURCHF market has triggered a short term bear downturn, signaling for a drop to 1.0366 and chance for selloffs to test against 1.0325. A reluctance to extend under 1.0366 will likely prompt near term rebounds, but trade will likely struggle to climb back over 1.0573. A close over 1.0580 (SAR) is needed to reverse the short term trend back up.