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 www.forexlive.com. Source