USD/CHF dips after the 100-day SMA

Even though yesterday's movement looked very bullish and determined to overcome the 100-day SMA, at the end of the day the price dipped beneath the 100-day and 20-day SMAs and currently is fluctuating in a free area just beneath them. The closest support level is at 0.9144, where thee weekly PP lies, but it is more likely that the price will attempt to breach the SMAs' resistance zone again and will do it soon.

General distribution in USD/CHF pair is balanced, which was not observed for a long period of time already. There are 47% of bullish and 53% of bearish positions. Pending orders segment is gently bearish with 46% of long orders and 54% of short orders.