The USD is higher and so is the USDCHF in morning US trading. The pair has now moved back up to retest its 100-day moving average up 0.91199. It will now take a move above that level – and staying above that level – to increase the bullish bias and have traders looking back toward the high prices from earlier this week and last week between 0.91469 and 0.9151.
This article was written by Greg Michalowski at www.forexlive.com. Source