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130519 USDCHF-Noon

by | May 13, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-05-13

USDCHF, H4: USDCHF was traded lower after breaking below previous support level at 1.0130. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short-term technical correction and be traded higher back towards the resistance level at 1.0130.

 

Resistance level: 1.0130, 1.0190
Support level: 1.0070, 1.0015