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USDCHF Tests 100 Day MA And Finds Buyers

posted by Avatar ejc 381 days ago in CHF, Technical, Daily made popular 381 days ago

The USDCHF rose in sympathy with the dollars gain in early trade, and should have gotten a further boost on weaker than expected CPI data (0.1% MoM and -1% YoY), but instead the pair moved to the downside (CHF stronger). Perhaps the market reversed on a reassessment of the pairs initial move....more.
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