USDCHF Technical Analysis: Key Moving Averages in Focus
Wednesday, 3 April 2024, 17:21
USDCHF Technical Analysis
The USDCHF pair recently fell below the important 100-hour Moving Average (MA) level, indicating a bearish trend. However, the decline was limited as it found support near the 200-hour MA.
Key Moving Averages
At 0.90298, the 200-hour MA is acting as a significant support level for USDCHF, preventing further downside at this point.
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