GCMAsia - USDCHF
USDCHF
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.9600 | H4 |
| Support | 0.9570 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level near 0.9600. MACD histogram which illustrate diminishing upward momentum suggests imminent bearish bias. However, a close below the target of 0.9570 and 60-MA line (green) is required to attain further confirmation.
Resistance level: 0.9600, 0.9620
Support level: 0.9570, 0.9530