EURCHF trades around 3-year high; bullish bias but possibility of overstretched rally

EURCHF reached a more than three-year high of 1.2004 during the end of today’s European session, after the recovery from the 0.9650 low hit in January 2015. The price posted an aggressive bearish run this January losing more than 24500 pips. Since then, the pair has been trading in an upward sloping…

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