USD/CHF Price Forecast: Slumps below 0.7800 after clash on 50-day SMA | FXStreet

The USD/CHF retreats on Wednesday down by 0.25% as the pair failed to post a daily close above the 50-day Simple Moving Average (SMA) of 0.7819 as the Greenback trimmed some of its Wednesday’s gain...

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USD/CHF Price Forecast: Slumps below 0.7800 after clash on 50-day SMA | FXStreet

Source: FXStreet

The USD/CHF retreats on Wednesday down by 0.25% as the pair failed to post a daily close above the 50-day Simple Moving Average (SMA) of 0.7819 as the Greenback trimmed some of its Wednesday’s gains on risk aversion.