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The USDCHF is moving higher. Higher yields are help the bias, but work to do technically

The USDCHF is moving higher. Higher yields are help the bias, but work to do technically
The USDCHF is making a break to the upside after extending above the 100-hour moving average at 0.85913 (blue line in the chart below). The price of the pair has moved up to test the high price from Monday and Friday at 0.86307. Sellers leaned again against the level on the test. It will take a move above that level to increase the short-term bullish bias. The 200-hour moving average at 0.86623 (green line in the chart below) would be the next upside target on further momentum. The price has n... Read More
Posted: Jul 20 2023, 14:11
Author Name: forexlive
Views: 111548

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