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The USDCHF tests 200 hour MA

The USDCHF tests 200 hour MA

The USDCHF has extended to a new session low and in the process is dipping below the rising 200 hour moving average at 0.93619. The low-priced has just reached 0.93584.

The last time the USDCHF price traded below its 200 day moving average was back on February 21 when the 200 hour moving average was at 0.9228. Over the next 4 1/2 days, the price moved up 200 pips to a high of 0.94284 reached on February 27.

Since then, the price has been waffling up and down with a low near 0.934... Read More

Posted: Mar 3 2023, 20:34
Author Name: forexlive
Views: 102239

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