GCMAsia - USDCHF

USDCHF
2017-07-20
| Resistance and Support | Level | Explanation |
| Resistance | 0.9565 | H1 |
| Support | 0.9540 | H1 |

USDCHF, H1: USDCHF was traded lower following prior retracement from the 60-MA line (green) nearby the resistance level at 0.9565. A closure below the 20-MA line (red) would suggest USDCHF to extend its downward momentum thereafter.
Resistance level: 0.9565, 0.9590
Support level: 0.9540, 0.9520