83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2018-11-12
Resistance and Support Level Explanation
Resistance 1.0065 H1
Support 1.0035 H1

USDCHF, H1: USDCHF was traded higher while currently testing the resistance level 1.0065. MACD which illustrate bullish momentum with the starting formation of golden cross suggest the pair to extend gains after it breaks above the resistance level 1.0065.

 

Resistance level: 1.0065, 1.0080

Support level: 1.0035, 0.9990