GCMAsia - USDCHF

USDCHF
2018-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 0.9905 | H1 |
| Support | 0.9885 | H1 |

USDCHF, H1: USDCHF was traded lower following prior retrace from the downward trendline. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below the 20-MA line (red).
Resistance level: 0.9905, 0.9940
Support level: 0.9885, 0.9850