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100521 USDCHF-Noon

by | May 10, 2021 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2021-05-10

USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level 0.9020. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction after it breaks back above the level.

 

Resistance level: 0.9020, 0.9135

Support level: 0.8950, 0.8880