Uadchf move up here is opportunity read the caption

The USDCHF moved sharply higher yesterday after the stronger-than-expected CPI. The move to the upside extended above the 50% retracement of the move down from the October high. That level comes in at 0.8789. The 100-day moving average. That level comes in at 0.8805, and the 200-day moving average. The level comes in at 0.88464
The breaks of those key targets tilted the bias more in favor of the buyers. The best-case scenario going forward is for the 200-day moving average to hold support. Stay above 0.88465 is the most bullish scenario.