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Forex technical analysis: USDCHF breaks below 100 day MA

ByGreg Michalowski

May 12, 2017

Eyes parity level
The USDCHF is breaking below the 100 day MA at the 1.0036 level and trades at new session lows. The pair is approaching the parity level at 1.0000 (natural support. The 38.2% of the move up from the May 4 low is at 1.0006.  

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By Greg Michalowski

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