USDCHF sellers lean on the 100-hour MA as downside bias builds ...Middle East

After bottoming at 0.8450 yesterday as US yields pushed lower in pre-US open hours, a corrective rebound saw the price run higher but stalled yesterday near the falling 100-hour moving average (blue line). That level has now established itself as a short-term barometer for the pair. The rejection from that moving average reinforced bearish pressure, keeping sellers in control.

So in summary, sellers leaned against the falling 100 hour MA (currently at 0.86157). That MA will need to be broken on the topside ultimately if the buyers are to take more control.

The price is also testing a key swing area between 0.85309 and 0.8557. In the short term, if the price can stay below 0.8557, the sellers can probe the downside more.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about usdchf sellers lean on the 100 hour ma as downside bias builds was published today ( Tuesday 08/04/2025 - 04:31 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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