The USDCHF runs up to the 100 bar MA on 4-hour chart and finds willing sellers
The USDCHF moved above the 100 and 200 hour MAs yesterday tilting the short term bias to the upside. The modest upside momentum, took the price up toward the next target – the 100 bar MA on the 4-hour chart (see higher blue line on the chart below). What happened? Sellers leaned against that MA…
