Flight into the safety of the CHF stalls. USDCHF trades at day highs.

Moves above the 100 hour MA

As the clock ticks to a government shutdown at midnight, traders have stopped their run into the relative safety of the CHF. The USDCHF is higher on the day, trades at the high for the day, and has taken a peak above trend line and the 100 hour MA at the 0.9610-14 area. Stay above is more bullish technically.

If the bulls can keep the ball rolling, a higher trend line cuts across at 0.9647 and the 38.2% of the move down from the high comes in at 0.9653. The lagging 200 hour MA is up near the 50% retracement at 0.9689.

Buyers are trying to make a play technically. The problem is the Washington drama.