Subscribe To
USDCHF moves above its converged 100 and 200 hour moving averages at 0.9372
The USDCHF has spiked higher after the more hawkish comments from Fed chair John Powell. The price has moved above the converts 100 and 200 hour moving average is currently at 0.9372. That level is now close risk for buyers. Stay above is more bullish. Move below, and there should be further corrective moves to the downside. Look for buyers to lean against the level.
The price has extended above a swing area between 0.9387 and 0.9393, but has stalled ahead of the 0.9400 level so far. A... Read More
Posted: Mar 7 2023, 15:27
Author Name: forexlive
Views: 082163
