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GCMAsia - USDCHF
USDCHF
USDCHF
2018-05-22
Resistance and Support Level Explanation
Resistance 0.9995 H4
Support 0.9935 H4

USDCHF, H4: USDCHF remains traded within a descending wedge while currently testing at the bottom level. Stochastic Oscillator which hovers near the oversold region may suggests imminent rebound signal. Thus, a bullish rebound from the bottom level of the wedge may further validate such bias.

 

Resistance level: 0.9995, 1.0055

Support level: 0.9935, 0.9860