EURUSD moved below 100 hour MA and 200 hour MA. USDCHF movea above its 200 hour MA
Just ahead of the London fix at 11 AM ET/1600 BST, the EURUSD and USDCHF broke through technical levels
For the EURUSD, the price fell below its 100 hour moving average of 1.11799 and 200 hour MA at 1.11738. The 38.2% retracement of the move up from last week's low also comes in at that 200 hour moving average level.
For the USDCHF, it moved above its 50% retracement level at 1.00642 and its 200 hour moving average of 1.00748. Both breaks help led to more buying.
