A technical look for May 16 for the USDCHF. |
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Published on May 16, 2024
A technical look for May 16 for the USDCHF. |
2024-04-03
EURUSD tests 38.2% retracement level after ISM nonmanufacturing data; 200-day MA looms ahead
2024-04-02
The sellers have moved the S&P below a upward sloping trend line and the 100 hour MA at 5198.39. Stay below is a tilt to the downside technically.
2024-04-01
The 38.2% of the move down from the 2022 high comes in at 0.90252. Stay above keeps the buyers in play/short term control.
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