Watching the 100 hour MA at the 1.0400 level today in USDCHF

The USDCHF came under pressure earlier today, tested the 100 hour MA but the price bounced off the key support level. The move back up off the moving average support, took the price toward the low floor from yesterday at the 1.0452 level (high reached 1.0446). Now the price is back down and approaching the support at the 1.0400 level again. This will be a key level to watch today, as will the 1.0452. The range is established as the price consolidates.








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