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110520 USDCHF-Noon

by | May 11, 2020 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2020-05-11

USDCHF, Daily: USDCHF was traded lower following prior retracement from the resistance level at 0.9760. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.

 

Resistance level: 0.9760, 0.9880

Support level: 0.9585, 0.9495