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GCMAsia - USDCHF
USDCHF
USDCHF
2019-01-08
Resistance and Support Level Explanation
Resistance 0.9840 H1
Support 0.9800 H1

USDCHF, H1: USDCHF was traded lower following prior retracement while currently testing near the 20-MA line (red). MACD which illustrate diminished upside bias suggests the pair to continue to bearish bias in tandem with current trend.

 

Resistance level: 0.9840, 0.9870

Support level: 0.9800, 0.9770