GCMAsia - USDCHF
USDCHF
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.0000 | H4 |
| Support | 0.9950 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retrace from the resistance level of 1.0035 while forming a double top. MACD histogram which shows substantial downward signal suggests the pair to advance further down towards the neckline near 0.9950 after successfully closing below the 20-MA line (red).
Resistance level: 1.0000, 1.0035
Support level: 0.9950, 0.9900