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GCMAsia - USDCHF
USDCHF
USDCHF
2017-05-08
Resistance and Support Level Explanation
Resistance 0.9965 Daily
Support 0.9855 Daily

USDCHF, Daily: USDCHF remains traded within a descending triangle following prior rebound from the support level of 0.9855. However, as both MA lines continues to expand downwards, USDCHF is expected to advance further down and retest near the support level of 0.9855.

 

Resistance level: 0.9965, 1.0040

Support level: 0.9855, 0.9785