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USDCHF tests the low from October 27

The USDCHF bottomed most recently on October 27 near its 200 bar moving average on the 4 hour chart. The following week of trading saw the price move higher , and in the process, retest the high price from October 21 at 1.01470. That completed the down and up "lap" from the October 21 high to the October 27 low to the November 3 high

Since the November 3 high, the USDCHF price has moved down 305 pips and tested the low from October 27 at 0.9408. So that completed the lap from the Octobe... Read More

Posted: Nov 8 2022, 16:32
Author Name: forexlive
Views: 110588

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