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020318 USDCHF

by | Mar 2, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-03-02
Resistance and Support Level Explanation
Resistance 0.9420 H1
Support 0.9385 H1

USDCHF, H1: USDCHF was traded higher following prior rebound near the upward trendline. Such price action suggests imminent bullish bias for the pair to extend its gains. Thus, a close above the resistance level near 0.9420 is required to further validate such bias.

 

Resistance level: 0.9420, 0.9455

Support level: 0.9385, 0.9330