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USDCHF tests 100 hour MA


The USDCHF is testing the 100 hour MA and the 38.2% of the move up from the December 31 low at 0.9182 area. The low price just reached 0.9183.

A move below the 100 hour moving average and the 38.2% retracement, would increase the bearish bias. The upward sloping trendline cuts across at 0.9176. Other key support comes in at 0.91667. That is home to the rising 200 hour moving average, the 200 day moving average, the 50% retracement, and the swing low from yesterday's trade.

 
 
 

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