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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.

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07/08/2024

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