GCMAsia - USDCHF
USDCHF
2017-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.9680 | H4 |
| Support | 0.9620 | H4 |
USDCHF, H4: USDCHF was traded higher following prior rebound from the support level of 0.9620. MACD indicator which continues to hover outside of downward momentum suggests USDCHF to be traded higher in short-term as technical correction. Otherwise, long-term trend direction proposes USDCHF to extend its downtrend.
Resistance level: 0.9680, 0.9740
Support level: 0.9620, 0.9570