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040717 USDCHF

by | Jul 4, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-07-04
Resistance and Support Level Explanation
Resistance 0.9635 H4
Support 0.9600 H4

USDCHF, H4: USDCHF extended its retracement following prior closure above the 23.6 Fibonacci level of 0.9600. As both MA lines continues to narrow upwards, USDCHF is expected to extend its gains after successfully breaking the resistance level of 0.9635.

 

Resistance level: 0.9635, 0.9660

Support level: 0.9600, 0.9550