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021119 USDCHF-Noon

by | Jan 2, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-01-02
Resistance and Support Level Explanation
Resistance 0.9860 H4
Support 0.9805 H4

USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level 0.9860. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short term technical correction towards the resistance level 0.9860.

 

Resistance level: 0.9860, 0.9905

Support level: 0.9805, 0.9750