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GCMAsia - USDCHF
USDCHF
USDCHF
2017-05-02
Resistance and Support Level Explanation
Resistance 0.9963 H4
Support 0.9940 H4

USDCHF, H4: USDCHF remains traded within a sideways channel following prior retracement from the top level of the channel. It is suggested to be traded lower in short-term, towards the support level of 0.9940. Long-term trend direction could only be determined after a successful breakout from either side of the channel.

 

Resistance level: 0.9963, 0.9980

Support level: 0.9940, 0.9920, 0.9900, 0.9880