GCMAsia - USDCHF

USDCHF

USDCHF, H4: USDCHF was traded lower following recent breakout below the previous support level 1.0000. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the pair to experience a short term technical correction back above the previous level 1.0000.
Resistance level: 1.0000, 1.0025
Support level: 0.9965, 0.9915