83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

USDCHF, H4: USDCHF was traded higher while currently testing for the resistance level at 0.8715. However, MACD which illustrated diminishing bullish momentum suggests the pair undergoes a technical correction in the short term.

 

Resistance level: 0.8715, 0.8785

Support level: 0.8645, 0.8580