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041018 USDCHF-Noon

by | Oct 4, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCAD
USDCAD
2018-10-04
Resistance and Support Level Explanation
Resistance 0.9940 H1
Support 0.9875 H1

USDCHF, H1: USDCHF was traded lower following prior retracement from the resistance level 0.9930. MACD which illustrate bearish signal and the formation of death cross suggest the pair to extend its losses towards the support level 0.9875.

 

Resistance level: 0.9940, 0.9980

Support level: 0.9875, 0.9815