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Forex technical analysis: USDCHF tests the 200 hour MA /38.2%

Discussion in 'Technical Analysis' started by ForexLive, Sep 11, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    No hourly closing bars below the 200 hour MA The USDCHF has an up and down day today. Yesterday (and earlier today), the pair tried like heck, to get a close hourly bar below the 200 hour moving average (green line in the chart below), but failed on each peek below the line. The move higher in the European session found sellers near the highs from yesterday's trade.

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