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H gentlemen Greg MOS youamp;#39;re from forexlive.com this is a Forex quick look and take a look at the dollar versus Swiss frank todayamp;#39;s date is August 2nd 2024 letamp;#39;s get started both yields moving lower this week and also uh stocks moving lower the Swiss frank uh tends to be a safe haven currency so that means that if the dollar goes down the Swiss frank goes up and you can see it evident in the uh chart this is the hourly chart and if we take a look at the high price this week that that occurred on Tuesday the price High came up and tested to this topside trend line here nice hold against that level despite the fact that the price did move above the 200h hour moving average the holding of that trend line was a key tell for uh Traders then we started to move about below the 200h hour moving average uh and then uh below the 100h hour moving average through here finding willing sellers against that level level uh trading uh yet on Wednesday and Thursday with stocks mov
