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USDCHF trades to a new 2023 low. Lowest level since January 2021.

The USDCHF is trading at a new session low, reaching its lowest level since January 2021 and breaking the previous record lows for 2026. This downward movement has caused the price to fall below the double bottom from April at 0.8859. It's worth noting that the price bounced off the April 13 low at a similar level yesterday. The subsequent rally yesterday reached the falling 100-hour moving average (blue line in the chart above) but failed to extend above it with increased momentum during the As... Read More

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Content Topics

Usdchf

Trades

2023

Low

Lowest

Level

Since

January

2021

Forex

Posted: Apr 26 2023, 14:04

Author Name: forexlive

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