Automated Trading Profit > Forex Trading: USDCHF back testing the 100 hour MA | FXDD

[FXDD - Forex News | Forex Trading News | Currency Trading & FX Market News] The USDCHF moved back down to test the 100 hour MA.  Earlier the pair moved below the key MA triggering stops in the process.  However, the move below was not sustained and the pair closed back above the level in the next hour of trading.  Since that time, the correction higher has been modest.  However, the pair has not been able to break below.  The level currently comes in at the 1.0936 level.  The bias remains to the upside with a stop if the prive moves below the level. 

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