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USDCHF takes its clues from support holding at the 200 day MA. Surges to the upside.

USDCHF takes its clues from support holding at the 200 day MA.  Surges to the upside.
The USDCHF takes its clues from support holding at the 200-day MA. The price of the USDCHF, has surged to the upside away from that MA level over the last few hours as dollar buyers took more control in the forex market. That move took to the price above the 50% midpoint of the October trading range at 0.90658, but there has been some stall (after the sharp run higher). If the buyers are to take more control, there is a swing area near 0.9084 – 0.9090.The USDCHF trading range is now 65 pips. T... Read More
Posted: Oct 31 2023, 14:37
Author Name: forexlive
Views: 091947

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