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USDCHF tests the Monday low

The USD selling has the USDCHF moving to a new session low at 0.89195. The price also dipped to a new week low taking out the Monday low at 0.89213, but only by a few pips. The price has pushed back up to 0.89294 currently, but if the sellers are to keep control, now is the time. Technically, the high price today stalled against its 200 hour moving average (green line in the chart above). Admittedly, the price traded above and below its 100 hour moving average (currently at 0.8963), before movi... Read More

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Posted: Apr 20 2023, 14:43

Author Name: forexlive

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