GCMAsia - USDCHF

USDCHF
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.9980 | H4 |
| Support | 0.9915 | H4 |

USDCHF, H4: USDCHF was traded lower following previous retracement from the 20-moving average line (red). Referring to the MACD indicator which continues to hover inside the downward momentum, USDCHF is expected to move further downwards after breaking the support level of 0.9915.
Resistance level: 0.9980, 1.0035
Support level: 0.9915, 0.9845