USDCHF extends up to the 200 hour MA and broken retracement target. Can the buyer break through?

In a post yesterday , I highlighted the importance of the USDCHF swing area extending down to 0.8009, along with the rising 100-hour moving average (blue line on the chart below) and the 50% retracement near 0.8000. The low today reached 0.8007—between those key levels and just above the 100-hour moving average. Buyers leaned against that support cluster and have since pushed the price steadily…