83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2018-05-17
Resistance and Support Level Explanation
Resistance 1.0035 H1
Support 1.0000 H1

USDCHF, H1: USDCHF remains traded within a narrowing triangle following prior retracement from upper level. MACD histogram which illustrate diminishing upward momentum may suggest the pair to extend its losses after closing below the support level at 1.0000.

 

Resistance level: 1.0035, 1.0055

Support level: 1.0000, 0.9980