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120520 USDCHF-Noon

by | May 12, 2020 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2020-05-12

USDCHF, H4: USDCHF was traded higher following prior rebound from the support level 0.9695. MACD which illustrate diminishing bearish momentum signal with the starting formation of death cross suggest the pair to extend its gains towards the resistance level 0.9790.

 

Resistance level: 0.9790, 0.9890

Support level: 0.9695, 0.9595