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GCMAsia - USDCHF
USDCHF
USDCHF
2018-07-05
Resistance and Support Level Explanation
Resistance 0.9940 H1
Support 0.9915 H1

USDCHF, H1: USDCHF remains traded within a narrowing triangle while currently testing at the top level. Both MA line which continues to narrow upwards suggests further bullish bias. Thus, a successful breakout from the top would signify a change in trend direction that skew towards bullish.

 

Resistance level: 0.9940, 0.9965

Support level: 0.9915, 0.9890