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Home » Forex » USD/CHF Moves Through 200 Hour Moving Average And 38.2% Retracement Resistance At 1.0150
Greg Michalowski

USD/CHF Moves Through 200 Hour Moving Average And 38.2% Retracement Resistance At 1.0150

By Greg Michalowski on November 12, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

greg21

The USDCHF just broke through the 200 hour MA and the 38.2% retracement at the 1.0150.  Stops are being triggered and this should lead to further upside momentum to the the 1.0186 level.  Look for support now down to 1.0137 (old high from today).  A break would not be welcomed by intraday bulls.

greg20

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