EURCHF is having trouble making new October highs after hitting resistance at the daily chart’s 100 SMA! Does this mean that the euro’s partying days are over? A quick peek at EUR/CHF’s Stochastic flashing overbought signals for the pair. What’s more, there’s also a bearish divergence on the chart!
I totally agree with you Jessie, I entered short this morning at 1.10180 I think price could drop, I analyzed using sthocastic, it gave a valid sell signal... Keep us updated on this trade
jessi061
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@Frank_Drago, Divergence is some serious signal that is rare to have and mostly works in a savage way if they actual been formed. Let's hope for a good mate ok sure!