GCMAsia - USDCHF
USDCHF
2017-06-02
| Resistance and Support | Level | Explanation |
| Resistance | 0.9725 | H4 |
| Support | 0.9670 | H4 |
USDCHF, H4: USDCHF was thinly traded following prior rebound from the support level of 0.9670. Referring to the MACD indicator which begins to hover outside of downward momentum, USDCHF is suggested to experience brief retracement period and to be traded higher in short-term. Otherwise, the downward expansion of both MA lines still suggests USDCHF to be traded lower in long-term.
Resistance level: 0.9725, 0.9795
Support level: 0.9670, 0.9605