The USDCHF moves to lowest level since January 2021

<p>The USDCHF has moved to the lowest level since January 2021 today but the downside is seeing some apprehension. </p><p>Meanwhile, the EURCHF is also under pressure (higher CHF), but remains above the 2023 highs between 0.9671 and 0.96819. The 61.8% of the move-up from 2022 below is also in that area at 0.96674. </p><p>The low price in the EURCHF today was just above the high of that area in trading today. It would take a move below the swing area to increase the bearish bias. </p>

This article was written by Greg Michalowski at www.forexlive.com.