Forex technical analysis: USDCHF falls into the London fixing - ConsultFX

Forex technical analysis: USDCHF falls into the London fixing

Falls below intraday MA and scooted lower Was it a break of MAs or some flows from the London 4 PM fixing? Who knows, but going into the fixing, the price of the USDCHF saw the price move below the 100 and 200 bar MAs on the 5 minute chart and the price fell another 20 pips Copyright 2015 Forexlive.com