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GCMAsia - USDCHF
USDCHF
USDCHF
2017-07-24
Resistance and Support Level Explanation
Resistance 0.9475 Daily
Support 0.9400 Daily

USDCHF, Daily: USDCHF has recently broke out from the bottom level of downward channel, signalling a change in trend direction to move further downwards. As the MACD indicator continues to illustrate substantial downward signal, USDCHF is expected to extend its losses towards the support level of 0.9400.

 

Resistance level: 0.9475, 0.9550

Support level: 0.9400, 0.9320