GCMAsia - USDCHF

USDCHF
2020-06-29

USDCHF, H4: USDCHF remain traded flat in a sideway channel while currently testing near the support level 0.9460. However, MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the pair to extend its losses after it breaks below the support level.
Resistance level: 0.9545, 0.9650
Support level: 0.9460, 0.9365