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USDCHF hangs above the 200 hour MA

Started by forex4you, Feb 05, 2022, 04:39 am

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forex4you

Feb 05, 2022, 04:39 am
USDCHF hangs above the 200 hour MA

USDCHF extends higher but stalls at the 50% of the wks range


The USDCHF this week moved down on Monday, Tuesday, and Wednesday (3 straight down), consolidated up and down on Thursday, and corrected higher today. 
The move to the upside today extended above the 100 day MA in the early E

Source: USDCHF hangs above the 200 hour MA

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