GCMAsia - USDCHF
USDCHF
2017-06-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.9590 | H4 |
| Support | 0.9550 | H4 |
USDCHF, H4: USDCHF were traded lower following prior closure below the strong support level of 0.9590. However, MACD histogram illustrates diminished downward momentum suggests USDCHF may be traded higher in short-term as technical correction. Otherwise, long-term trend direction suggests USDCHF to move further downwards.
Resistance level: 0.9590, 0.9625
Support level: 0.9550, 0.9520