USDCHF moves to new lows. Test hourly MAs. Key decision point for buyers and sellers ...Middle East

Traders now face a critical decision point. A break below the 200-hour MA and the nearby swing level at 0.7942 would open the door for further downside momentum. That could pave the way for a deeper retracement of the recent recovery.

Stay alert—buyers need to reclaim the MAs to regain control.

100-hour MA: 0.79568

Other Support: 0.7942

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

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