The USDCHF is under pressure, falling to new session lows and testing the 200-hour moving average at 0.7948. The pair has also slipped below the 100-hour moving average at 0.79568, shifting the near-term bias more in favor of the sellers for now.
Traders now face a critical decision point. A break below the 200-hour MA and the nearby swing level at 0.7942 would open the door for further downside momentum
USDCHF moves to new lows. Test hourly MAs. Key decision point for buyers and sellers