GCMAsia - USDCHF

USDCHF
2019-05-16

USDCHF, H1: USDCHF remains traded within a sideways channel following prior retrace from the top. MACD which forms a bearish signal suggests the pair to extend its losses in short-term after closing below the 60-MA line (green).
Resistance level: 1.0095, 1.0110
Support level: 1.0055, 1.0040