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A move below the 200 hour MA with momentum would increase the bearish bias
The USDCHF moved lower today after the pair sniffed the 100 hour levels in the Asian session, and found willing sellers (see blue line in the chart below). The stall ahead of that moving average gave traders a go-ahead to push lower.
Search Web: The USDCHF is banging on the 200 hour MA door, but being held back from entering
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