GCMAsia - USDCHF

USDCHF
2018-05-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.0000 | H4 |
| Support | 0.9885 | H4 |

USDCHF, H4: USDCHF was traded lower following prior retracement from the parity level of 1.0000. MACD histogram which illustrate diminished upward momentum may suggests the pair to be traded lower in short-term as technical correction. Otherwise, long-term trend direction is still skew towards bullish.
Resistance level: 1.0000, 1.0065
Support level: 0.9885, 0.9760