Shorting EUR/CHF at the 20 SMA

FX:EURCHF   Euro / Swiss Franc
EUR/CHF has become overbought a few hours ago as the stochastic indicator tells us. The 20 SMA has also caught up with the price and it is pushing it lower. Besides, the market sentiment remains negative on trade war escalation. On this basis, we have a bearish bias for EUR/CHF at the moment.
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