| Join us as we unravel the ongoing battle between buyers and sellers in the USDCHF pair amidst a volatile trading session. The pair has been navigating through key technical levels, showcasing a fascinating tug-of-war between bullish and bearish forces. After finding support at the 50% midpoint, the price has witnessed a push higher, challenging resistance levels on the topside. Notably, the pair has tested the 200-hour moving average above, along with the 100-hour moving average below, accompanied by a crucial technical swing area and a 38.2% retracement. Witness the intensity of this up-and-down price action and gain valuable insights into the implications for future market direction. |
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