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240519 USDCHF-Noon

by | May 24, 2019 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2019-05-24

USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level 1.0050. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction towards the resistance level 1.0050.

 

Resistance level: 1.0050, 1.0080
Support level: 1.0005, 0.9965