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USDCHF technicals: The USDCHF makes a break above the 100/200 hour MA

Forexlive Sentiment: Very Positive
The USDCHF is moving higher after stronger-than-expected PPI data showed a 0.9% gain in July. The rally has pushed the price back above the broken 38.2% retracement level at 0.80711—a key area that capped gains in yesterday’s Asian session before the pair rotated lower.

Related Symbols:

USD CHF

News data provided by Finnhub. ForexSentiment.live provides this summary as a convenience with proper attribution to the original source. The full article is available at the original publisher's website.

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