GCMAsia - USDCHF

USDCHF
2019-01-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.9920 | H4 |
| Support | 0.9855 | H4 |

USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level 0.9855. However, MACD which illustrate diminishing bullish momentum suggest the pair experience a short term technical correction towards the support level 0.9855 before resume its trend.
Resistance level: 0.9920, 0.9985
Support level: 0.9855, 0.9790