EURCHF the pair was reversed with EURCHF

EURCHF

The sharp downtrend in the pair was reversed with EURCHF forces last week, bouncing off of 1.18 to 1.23 in just a few days. Recovering crashed through the downtrend line going back to late April and crossed over the PME PME 50 days and 200 days. Apparently, the downtrend ended, at least for the short term, it is recommended to try going long after a setback.