The USDCHF stays above the 200 hour MA. What does that mean for traders/technicals?
The USDCHF this week traded to the lowest level since January 2015. That is a long time ago. However, the price hasn’t bounced higher. Yesterday saw the USDCHF move back above its 100-hour moving average (blue line in the chart below currently add 0.86047, and by the close back above the 200-hour moving average (green