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USDCHF trading higher on the day with the bias tilting back to the upside.

USDCHF trading higher on the day with the bias tilting back to the upside.
The USDCHF has been trading in a fairly narrow trading range over the last 8-9 trading days. The low has come in just above the 0.8900 level at 0.8901. The high price reached 0.90129. So 112 pips have confined the pair.Sitting between those extremes is the near-converged 100 and 200-hour moving averages currently at 0.8955. In trading today, the price moved back above those moving averages tilting the short-term bias back to the upside once again. Admittedly the price has been trading above and... Read More
Posted: Jun 28 2023, 16:01
Author Name: forexlive
Views: 102185

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