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030817 USDCHF

by | Aug 3, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-08-03
Resistance and Support Level Explanation
Resistance 0.9710 H1
Support 0.9675 H1

USDCHF, H1: USDCHF remains traded within a sideways channel following prior retracement from the top level. A successful closure below the 20-MA line (red) would suggest USDCHF to extend its downward momentum towards the next target at 0.9675.

 

Resistance level: 0.9710, 0.9730

Support level: 0.9675, 0.9635, 0.9600