USDCHF price continues to rise, benefiting from breaching a bearish trend line and trading above EMA50
Negative signals on RSI may slow down upcoming gains
The (USDCHF) price continued the rise in its last intraday trading, amid its affection by breaching a bearish trend line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, providing positive momentum, on the other hand we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming gains.
