Big support levels briefly break in EUR/CHF
The 200-day moving average has broken in EUR/CHF along with 1.2300. The 200dma has been a reliable buying area all year long.
The break sent the pair all the way down to 1.2276 but it’s bobbed back up to 1.2300. The close will be key with the 200dma coming in precisely at 1.2300 today.