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010818 USDCHF

by | Aug 1, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-08-01
Resistance and Support Level Explanation
Resistance 0.9945 H1
Support 0.9900 H1

USDCHF, H1: USDCHF was traded higher back into sideway channel after a failed attempt to break below the support level 0.9875 following with a rebound back to sideway zone. MACD which display ongoing bullish bias suggest the pair may extend its bullish momentum towards the resistance level 0.9945.

 

Resistance level: 0.9945, 0.9970

Support level: 0.9900, 0.9870