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060420 USDCHF-Noon

by | Apr 6, 2020 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2020-04-06

USDCHF, H4: USDCHF was traded higher while currently testing the resistance level 0.9775. However, MACD which illustrate diminishing bullish bias signal with the starting formation of death cross suggest the pair to be traded lower as a technical correction towards the support level 0.9650.

 

Resistance level: 0.9775, 0.9895

Support level: 0.9650, 0.9505