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USDCHF trades back between the 100/200 hour MA

The USDCHF is mired in a up-and-down type of market environment. The downside, there is decent support near 0.9025 and 0.9035 (a red numbered circles). On the topside, price action over last 5 trading days comes between 0.9113 and 0.9119 (see blue numbered circles). There had been moves above and below those areas (see red box above), but moves outside of the area have been brief and limited.The current price trades between those extremes and also between the 100 hour moving average (blue line i... Read More

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Usdchf

Trades

Back

Between

100

200 Hour

100 200

Forex

Posted: Jun 6 2023, 18:52

Author Name: forexlive

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