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Forex technical analysis: USDCHF rallies off swing low level. Tests key MA resistance

The 200  and 100 hour MAs being tested.
The USDCHF bottomed at the last lows from October 4. That was a double bottom at 0.9710 area. The low today reached 0.97109.  Call it a triple bottom now. Traders who leaned against the low were rewarded with a move back higher.