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
The USDCHF trades in a narrow up-and-down trading range of only 33 pips. The 22-day average (about a month of trading) is at 64 pips. Technically, on the weekly chart (see video above) the price last week broke below 2021 lows, and on the break traded to the lowest level going back to 2015.Drilling down
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