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GCMAsia - USDCHF
USDCHF
USDCHF
2017-11-02
Resistance and Support Level Explanation
Resistance 1.0035 H1
Support 1.0000 H1

USDCHF, H1: USDCHF pared its earlier gains following a retrace from previous high at 1.0035. MACD histogram which forms a death cross signal suggest an extension of bearish bias and the pair is expected to extend its losses towards the support level of 1.0000.

 

Resistance level: 1.0035, 1.0055

Support level: 1.0000, 0.9950