USDCHF tests 38.2% support. Will buyers hold support. EURCHF stays below 100/200 bar MAs ...Middle East

To start the new trading week, the buyers are holding onto control, but for the EURCHF, the sellers are holding the stronger hand (and in control).USDCHF: Last week, the USDCHF moved above its 38.2% retracement of the move down from the July high to the September low at 0.86318. Midweek, the price tested that moving average but bounced higher. In trading today, the price has moved down to retest that retracement level but has so far found willing buyers. If the price can stay above that retracement level, a rotation back toward the high prices from last week near 0.8670 would be targeted, followed by the 100-day moving average and 0.8700. Conversely, a move below the 38.2% retracement would

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