MAs,, retracements

The USDCHF is following the dollar lower and in the process, is testing a cluster of support defined by the 200 and 100 hour MA, 38.2% and 50% retracement and a broken trend line retest. All comes in the 0.9915-27 area (see yellow area in the chart below).

Look for sellers from the break above, to come in and slow the fall - with stops on a break. There just is a bunch of levels in play.