The USD is modestly lower on the comments.
The USDCHF has dipped off it's highs at 0.8176. The price is trading at 0.8162. The 100 and 200 hour MAs are at 0.8159. If the price moves below those MAs, it would tilt the bias more to the downside technically - at least in the short term.
The counterpoint has been made.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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