GCMAsia - USDCHF

USDCHF
2020-01-08

USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level 0.9725. MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the pair to extend its retracement towards the support level 0.9650.
Resistance level: 0.9725, 0.9780
Support level: 0.9650, 0.9590