USDCHF Picks Up Speed After Bounce On 50-Day SMA

<p>USDCHF appears to have found some footing from the 50-day simple moving average (SMA) and is attempting to climb over the 23.6% Fibonacci retracement of the up leg from the multi-year low of 0.9182 to the three-month peak of 0.9900. Recent price action has improved slightly – something also reflected in the 50-day SMA and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/295195-usdchf-picks-up-speed-after-bounce-on-50-day-sma/">USDCHF Picks Up Speed After Bounce On 50-Day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>