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USDCHF tests 200 hour MA and finds seller on the test. What next?

The USD is moving higher in the US trading today and helping to drag the USDCHF higher as well.In the early European session the price traded above its 100-hour moving average, and then waffled around that level before basing against it and starting a rotation higher. That momentum to the upside was increased over the last hour or so of trading. The run higher moved up to retest the 200-hour moving average at 0.90008. Sellers leaned against that level like they did last Thursday and Wednesday as... Read More

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Posted: Jun 20 2023, 15:10

Author Name: forexlive

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