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USDCHF moves above 0.9000. Can it stay above?
The USDCHF is trending higher today. Looking at the hourly chart above, the technical "go-ahead" came after the pair tested its rising 100-hour moving average in the Asian session and found willing buyers. That started the process to the upside that took the price above April highs and back above the 0.9000 level. That level is now close support. Can the buyers keep the price above that level and keep the upside momentum going?Taking a broader look at the daily chart below, earlier this month,...
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Posted: May 17 2023, 14:24
Author Name: forexlive
Views: 111792