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The USDCHF is centering itself near neutral technical levels ahead of US jobs report

As the forex market sleepwalks as traders await the US jobs report at 8:30 AM ET, the USDCHF is hanging around its neutral area defined by the 100-hour moving average of 0.90538 and 50% midpoint of the October trading range at 0.90658. That area will be the barometer for buyers and sellers through the jobs report. Moving above 0.90658 would be bullish and have traders looking toward the upper swing area between 0.91079 and 0.91228 . Conversely, a move below the 100-hour moving average would have... Read More

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Usdchf

Centering

Itself

Near

Neutral

Technical

Levels

Ahead

Report

Forex

Posted: Nov 3 2023, 03:26

Author Name: forexlive

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