GCMAsia - USDCHF
USDCHF
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 0.9955 | H1 |
| Support | 0.9930 | H1 |
USDCHF, H1: USDCHF remain traded in a descending symmetrical triangle following recent retracement from resistance level 0.9955 and top level of the triangle. MACD which display bearish signal and recent price action suggest the pair may extend its losses towards the bottom level of the triangle which is also resistance level 0.9930.
Resistance level: 0.9955, 0.9975
Support level: 0.9930, 0.9910