The USDCHF trades between the 100/200 hour MA. Waiting for a break away.

The USDCHF is trading higher on the day, with the latest push lifting the pair back between its key 100- and 200-hour moving averages (blue and green lines on the chart above). That puts the market at an important technical crossroads. The 100-hour moving average comes in at 0.80539, while the 200-hour moving average sits at 0.80726. Earlier today, the pair…

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