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050820 USDCHF

by | Aug 5, 2020 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2020-08-05

USDCHF, H1: USDCHF was traded lower following prior retracement from the resistance level at 0.9195. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.9195, 0.9330

Support level: 0.9060, 0.8860