USDCHF soon to end dancing around parity
USDCHF has been moving around parity but its dancing days might (hopefully) be almost over.
In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though).
And all around the roundest round number 1.00000.
The SMA(100) and the SMA(200) are getting closer and closer: this could mean a breakout due soon.
Update your watchlist!
In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though).
And all around the roundest round number 1.00000.
The SMA(100) and the SMA(200) are getting closer and closer: this could mean a breakout due soon.
Update your watchlist!
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