USDCHF above 200 and 100 day MA but stalls at most recent high

USDCHF above 200 and 100 day MA but stalls at most recent high

Can the break above remain

The bullish news for the USDCHF today is the price have moved above the 100 and 200 day MA. That is move bullish. The problem is the price stalled at a topside trend line and the swin high from January 4th.  The price has come off those levels back to test the 200 day MA at 0.98885.   Stay above, and the upside has more to go. Move below and the recent rally, starts to run out of steam.

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