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GCMAsia - USDCHF
USDCHF
USDCHF
2019-02-01
Resistance and Support Level Explanation
Resistance 0.9950 H4
Support 0.9910 H4

USDCHF, H4: USDCHF was traded higher while currently testing near the resistance level 0.9950. However, lack of clear signal and momentum from MACD suggest the pair to wait until further clear signal appear such as breakout above or below the closest resistance or support level before entering the market.

 

Resistance level: 0.9950, 0.9985

Support level: 0.9910, 0.9855