novvoll12

Buy EURCHF at 1.0120 for a short-term trade

Long
FX:EURCHF   Euro / Swiss Franc

EURCHF fell to a new low at 1.0050 last Friday (6/24/2022) before recovering.
As the RSI and MACD indicators formed positive divergence with the price lows (6/17 and 6/24 lows), and the pair is oversold, there is high likelihood that the pair will continue to recover into the 1.0215-1.0220 resistance areas.

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