GCMAsia - USDCHF

USDCHF
2019-01-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.9985 | H4 |
| Support | 0.9950 | H4 |

USDCHF, H4: USDCHF was traded higher while currently testing near the resistance level 0.9985. However, MACD which illustrate diminishing bullish momentum with the formation of death cross suggest the pair to undergo a short term technical correction towards the support level 0.9950.
Resistance level: 0.9985, 1.0010
Support level: 0.9950, 0.9910