GCMAsia-USDCHF

USDCHF

USDCHF, H4: USDCHF was traded higher following prior breakout above the support level at 0.9965. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 0.9985, 1.0005
Support level: 0.9965, 0.9940