USD is higher and so is the USDCHF. The pair has reached the 100 hour MA. What next?

  • The USDCHF is up testing the 100-hour MA at 0.91199. Get above and stay above is more bullish.

The USD is higher and so is the USDCHF in morning US trading. The pair has now moved back up to retest its 100-day moving average up 0.91199. It will now take a move above that level - and staying above that level - to increase the bullish bias and have traders looking back toward the high prices from earlier this week and last week between 0.91469 and 0.9151.

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