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170719 USDCHF

by | Jul 17, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-07-17

USDCHF, H4: USDCHF was traded higher following recent breakout above the previous resistance level 0.9870. However, MACD which indicate diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the support level 0.9870.

 

Resistance level: 0.9935, 1.0005
Support level: 0.9870, 0.9800