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

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. The Greenback trimmed some of its Wednesday’s gains on risk aversion.

USD/CHF Price Forecast: Slumps below 0.7800 after clash on 50-day SMA
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. The Greenback trimmed some of its Wednesday’s gains on risk aversion.

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