USDCHF remains within the range and above and below the 100/200 hour MA ...Middle East

Currently, the pair is rotating around its 100- and 200-hour moving averages, which are clustered mid-range between 0.82395 (100-hour MA) and 0.82484 (200-hour MA). That positioning reflects a neutral, indecisive market bias.

A break above 0.8333 to increase bullish momentum.

The 100 and 200 hour MA midrange (0.82395 to 0.82484) are barometers for more bullish or more bearish.

For now, the pair remains caught in a range as buyers and sellers battle for near-term control.

This article was written by Greg Michalowski at www.forexlive.com.

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