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USDCHF extends lower and toward 2023 floor

USDCHF extends lower and toward 2023 floor
The USDCHF is pushing to new lows for the day and in the process is moving toward the lows for 2023. Those lows come between 0.8851 up to 0.8866 (see green number circles). The low reached 0.88625. Looking at the hourly chart going back to April 12, the price has been trading up and down between 0.8851 and 0.9002. That is not a huge trading range over that 15 day.. Yesterday the high price stalled within the upper region between 0.8992 and 0.9002. The highreached 0.8994 before backing off. The p... Read More
Posted: May 3 2023, 16:21
Author Name: forexlive
Views: 102277

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