USDCHF makes a break for it. Trades back above 100H MA tilting bias back to the upside.

The USDCHF is pushing higher in early US trading and in the process has moved back above its 100-hour moving average at 0.91609. Higher yields with the 10 year yield up over 8 basis points, is helping the bullish bias.

The high price from last week reached 0.92247 Technically the break above the 100 hour moving average tilts a bias more in favor of the buyers.

This article was written by Greg Michalowski at Source