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.