Technical Analysis

USDCHF above 200 and 100 day MA however stalls at most up-to-date excessive

Can the break above stay

The bullish information for the USDCHF at the moment is the value have moved above the 100 and 200 day MA. That’s transfer bullish. The issue is the value stalled at a topside pattern line and the swin excessive from January 4th.  The value has come off these ranges again to check the 200 day MA at zero.98885.   Keep above, and the upside has extra to go. Transfer under and the latest rally, begins to expire of steam.

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