
The USDCHF is near the 100 day moving average at 1.0258. Since May 15th the USDCHF has been above the 100 day moving average for 9 days. The most consecutive days above the level was 3 days. Once it stayed above for two days. The other 4 days the market stayed above for a single day.
The market will be watching the level as we move into the weekend. Since the pair is still below the level, the medium term trend is bearish. A break above would change that for the medium term.