USDCHF bangs on the 200 hour MA door
USDCHF moves below the 100 hour MA but stalling near the 200 hour MA/50% retracementThe USDCHF moved below the 100 hour MA earlier today, next targeting the 200 hour MA at 0.91758 (green line in the chart below). That 200 hour MA has been tested over the last trading hours, with buyers/profit takers leaning against the level.
The current price is trading at 0.9180. The high price since the first test has only reached 0.9187. So price action has quieted down.