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USDCHF held a cluster of support near the 0.8900 level last week. What next?

The USDCHF last week came down to test a cluster of support including the:100-day moving average50% retracement, andSwing areaall near the 0.89000 level. Support buyers leaned against that key technical level.Having said that on the top side, the corrective high could not breach a swing area between 0.89316 and 0.89472.In the early Asian session today, the price was able to get above the high of that swing area had 0.8947, but failed. The subsequent move to the downside came down to a low of 0.8... Read More

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Content Topics

Usdchf

Held

Cluster

Support

Near

8900

Level

Last

Week

0 8900

Forex

Posted: Oct 23 2023, 14:11

Author Name: forexlive

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