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USDCHF corrects to the break point earlier today. Can support hold?

USDCHF corrects to the break point earlier today. Can support hold?
Earlier today, the USDCHF ran higher and moved above a swing area between 0.8953 and 0.8959. Stay above that level would've been the best case scenario for the buyers looking for more upside. It was not meant to be. The price move back below the level.However, another level is still in play that would potentially keep the buyers at least in play after the run higher over the last day or so of trading (since reaching the low early in the New York session yesterday). That level comes against the... Read More
Posted: Apr 27 2023, 18:14
Author Name: forexlive
Views: 111516

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