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251019 USDCHF

by | Oct 25, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-10-25

USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level 0.9915.However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a short term technical correction towards the support level 0.9915.

 

Resistance level: 0.9980, 1.0025

Support level: 0.9915, 0.9845