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051018 USDCHF-Noon

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 0.9875 H1

USDCHF, H1: USDCHF was traded higher while currently testing the resistance level 0.9940. MACD which illustrate bullish momentum and the formation of a golden cross suggest the pair to extend its gains after a breakout above the resistance level.

 

Resistance level: 0.9940, 0.9980

Support level: 0.9875, 0.9815