The USDCHF tests the 1.0825 support level and bounces

The USDCHF went down and tested the 1.0825 level where the old high from last Friday, and the high from yesterday (prior to the surge higher) . The price dipped just below the level at 1.0819 and 1.0821 but each time the price bounced. A move back below may not be so lucky. On the topside look for sellers against the 1.0847 level (100 bar MA on the 5 minute chart). WE should see sellers against this moving average with stops above it.





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