The USDCHF earlier today reached up to the highest level of the year at 0.90949. However the last three or four hours have seen a rotation to the downside after the weaker than expected ISM nonmanufacturing data. Fed's Powell also, the market at that sending yields lower and the US dollar lower in the process.
That good news sent the price of the USDCHF down below is 100 hour moving average at 0.9043 and down to the 200 hour moving average 0.90296 Hundreds road lower, the prior highs from last week at 0.9061 and 0.90636
That good news sent the price of the USDCHF down below is 100 hour moving average at 0.9043 and down to the 200 hour moving average 0.90296 Hundreds road lower, the prior highs from last week at 0.9061 and 0.90636