Big support levels briefly break in EUR/CHF

Author: Adam Button | Category: News

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.

EURCHF 200 day moving average Sept 23

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.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose