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GCMAsia - USDCHF
USDCHF
USDCHF
2017-04-25
Resistance and Support Level Explanation
Resistance 0.9970 H1
Support 0.9950 H1

USDCHF, H1: USDCHF remains under pressured following prior retracement from the strong resistance level of 0.9970. As the signal line from MACD histogram begins to cross and forms an imminent downward signal, USDCHF is expected to advance further down after a successful closure below the support level of 0.9950.

 

Resistance level: 0.9970, 0.9990

Support level: 0.9950, 0.9930