GCMAsia - 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