GCMAsia-USDCHF

USDCHF
2020-01-16

USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level at 0.9670. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 0.9670, 0.9740
Support level: 0.9585, 0.9505