Forex technical analysis: USDCHF settles in its range

100 day MA above/ 100 hour MA below
As the time ticks toward the US employment report, the USDCHF is settling between the 100 hour MA at 1.0025 and the 100 day MA at 1.0079. Yesterday, the 100 day MA was tested (the high reached 1.0076).  Today, the 100 hour MA was tested again (it was tested twice yesterday). We currently trade at 1.0046.