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241017 USDCHF

by | Oct 24, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-10-24
Resistance and Support Level Explanation
Resistance 0.9900 H1
Support 0.9840 H1

USDCHF, H1: USDCHF was traded lower following prior retracement while closing below the 20-MA line (red). MACD histogram which shows substantial downward signal suggest the pair to extend its losses after breaking the support level of 0.9840.

 

Resistance level: 0.9900, 0.9950

Support level: 0.9840, 0.9800