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091018 USDCHF-Noon

by | Oct 9, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-10-09
Resistance and Support Level Explanation
Resistance 0.9980 H1
Support 0.9940 H1

USDCHF, H1: USDCHF was traded higher following recent breakout above the previous resistance level 0.9940. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.9980.

 

Resistance level: 0.9980, 1.0025

Support level: 0.9940, 0.9875