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030517 USDCHF

by | May 3, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-05-03
Resistance and Support Level Explanation
Resistance 0.9935 H4
Support 0.9900 H4

USDCHF, H4: USDCHF remains traded within a sideways channel while currently hovering at the bottom level of the channel. As the stochastic indicator begins to show a rebound signal from the oversold level of 20, USDCHF is expected to be traded higher in short-term, towards the target of resistance level at 0.9935.

 

Resistance level: 0.9935, 0.9963, 1.0000

Support level: 0.9900, 0.9880