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051018 USDCHF

by | Oct 5, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-10-05
Resistance and Support Level Explanation
Resistance 0.9940 H1
Support 0.9885 H1

USDCHF, H1: USDCHF remains traded within a sideways channel while currently testing at the top level. Due to the lack of signal from MACD and recent price action, it is suggested to wait for a breakout from either side before entering the market.

 

Resistance level: 0.9940, 0.9980

Support level: 0.9885, 0.9850