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Forex technical analysis: USDCHF tests a pretty strong level

Discussion in 'Technical Analysis' started by ForexLive, May 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    100 day MA, 200 day MA, 50% retracement The USDCHF has moved higher over the last 4 trading days after bottoming and bouncing on May 12th at at low of 0.9662. The pair traded at a high today of 0.9842. It is currently trading at 0.9824 as the market awaits the FOMC meeting minutes.

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