USDCHF moves below 50% and toward 100 day MA target ...Middle East

The USDCHF is trading to new lows and in the process has moved below the 50% retracement target. That level comes in at 0.89763. The fall take the price closer to the rising 100-day MA. That MA comes in at 0.89277. The price of the USDCHF last traded below the 100 day MA back on March 12 at 0.8754. From that level, the price trended to a high of 0.92237. Although breaking below the 50%, lower highs and lower lows of late, the 100-day MA does tend to slow moves - at least on the first test. So be aware that dip buyers might look to stick a toe in the water against the level on the first test. This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about usdchf moves below 50 and toward 100 day ma target was published today ( Monday 03/06/2024 - 10:24 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( USDCHF moves below 50% and toward 100 day MA target )

Last updated : 03 June 2024 clock 10:24 PM

Also on site :

USDCHF moves below 50% and toward 100 day MA target ...Middle East

Ten Indian youngsters who failed to live up to hype

Four killed as Russia launches another major attack on Ukraine’s power grid

Yungblud Goes Behind the Scenes of His Australia Shows in New Video

'Big moment' - Michael Appleton pleased to reward teenager Jack Loughran with Wolves outing

Harriette Cole: My daughter is tight with the Jersey in-laws, and I’m so jealous

Local Food Banks Seek Community Help With Dwindling Support for Federal Programs

Skechers Has 'Great Walking Sneakers' on Sale for Just $42 Right Now

717 Credit Union to Host Coffee and Conversations Networking Series

‘Alive or dead?’: Gaza families trapped in information void about relatives

Carnegie Recognition Highlights YSU Community Impact

Exact Moment Woman Finds Her ‘Soul Dog’ in Shelter Leaves Viewers Obsessed

Nigerian army saves 18 after pirates hijack boat (PHOTO)

Markets and restaurants return to Gaza, but few can afford the expensive price tag

Starmer jokes ‘lookalike’ IKEA worker should stand in for him at Prime Minister’s Questions

‘We wash from a bucket’: Inside the Sussex town in its fourth day without water