USDCHF continues consolidation but remains below key moving average levels ...Middle East

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USDCHF continues consolidation but remains below key moving average levels
The USDCHF hasn't really done a lot over the last day and a half of trading including the first few hours of trading today. That has allowed things like the 100-hour moving average to get closer to the price. Having said that, it is still 40 or so pips away (above) which keeps the sellers more control. Nevertheless, if the ups and downs can continue, the moving average to catch up to the price and give traders a new barometer for both buyers and sellers (move above is more bullish/stay below is more bearish). On the downside, the low price is reached yesterday and again today at stalled within a swing area between 0.8448 and 0.84596. That swing area was developed back in the end of 2023 an

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