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051219 USDCHF-Noon

by | Dec 5, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-12-05

USDCHF, H1: USDCHF was traded lower following prior breakout below the previous support level at 0.9885. MACD which illustrate diminishing bearish momentum with the starting formation of death cross suggest the pair to extend its losses toward the support level at 0.9850.

 

Resistance level: 0.9885, 0.9915

Support level: 0.9850, 0.9810