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Forex technical analysis: USDCHF tests the midpoint of the recent extremes (and other levels)

Discussion in 'Technical Analysis' started by ForexLive, Oct 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    50%, 100 day MA , 200 day MA The USDCHF has moved lower after the weaker than expected US retail sales and PPI data. The pair is testing what is the lower of three key technical levels - the 100 day MA (blue line in the chart below at 0.95676), the 50% retracement of the move up from the August low to the September high (at 0.95496), and the 200 day moving average (green line at 0.9521).

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