GCMAsia - USDCHF

USDCHF
2019-04-17

USDCHF, H4: USDCHF was traded higher following prior breakout above previous resistance level 1.0070. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and traded lower towards the support level 1.0070.
Resistance level: 1.0105, 1.0160
Support level: 1.0070, 1.0030