GCMAsia - USDCHF

USDCHF
2017-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 0.9700 | Daily |
| Support | 0.9620 | Daily |

USDCHF, Daily: USDCHF remains traded within a downward channel while recently rebounded from the support level of 0.9620. Recent closure above the 20-MA line (red) suggests USDCHF to extend its upward momentum towards the upper level of the channel in short-term.
Resistance level: 0.9700, 0.9770
Support level: 0.9620, 0.9550