GCMAsia - USDCHF

USDCHF
2018-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.9620 | H4 |
| Support | 0.9570 | H4 |

USDCHF, H4: USDCHF remains traded within an ascending channel while currently testing at the top level. MACD histogram which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction. Otherwise, long-term bias is still skew towards bullish within the ascending channel.
Resistance level: 0.9620, 0.9670
Support level: 0.9570, 0.9530