GCMAsia - USDCHF

USDCHF
2019-12-06

USDCHF, H1: USDCHF was traded lower following prior retracement from the 50 moving average line (Blue). However, MACD which illustrate diminishing bearish momentum with the starting formation of gold cross suggest the pair to undergo technical correction toward the resistance level at 0.9885.
Resistance level: 0.9885, 0.9915
Support level: 0.9850, 0.9810