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180520 USDCHF-Noon

by | May 18, 2020 | USD/CHF | 0 comments

GCMAsia-USDCHF
USDCHF
USDCHF
2020-05-18

USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level 0.9740. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 0.9475.

 

Resistance level: 0.9740, 0.9800.

Support level: 0.9675, 0.9600