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USDCHF moves toward converged MAs near 0.8958

The USDCHF is moving to new US session highs (still down on the day), and in the process is moving closer to its falling 100 and 200 hour moving average is near 0.89585. The price is currently trading at 0.8955.Earlier today, the price tested the higher 200-hour moving average only to reverse and go lower. The low price for the day stalled ahead of the low price from last week at 0.8905. The low price today reached 0.8911 before starting its to move back to the upside.A move back above the conve... Read More

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Content Topics

Usdchf

Moves

Toward

Converged

Near

8958

0 8958

Forex

Posted: Jun 26 2023, 19:40

Author Name: forexlive

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