GCMAsia - 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