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Forex technical analysis: USDCHFs ups and downs continue

Discussion in 'Technical Analysis' started by ForexLive, Oct 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Tests 200 day MA line again. Is the 6th time the charm? In the NY afternoon session yesterday, the price of the USDCHF dipped below 100 day MA and ran lower. That move stalled at the 100 hour MA (see chart below). The price started to move back higher.

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