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041017 USDCHF

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

GCMAsia - USDCHF
USDCHF
USDCHF
2017-10-04
Resistance and Support Level Explanation
Resistance 0.9755 H4
Support 0.9675 H4

USDCHF, H4: USDCHF remains traded within an upward channel following prior retrace from the upper level. Such price action suggests further downside on the pair for short-term and is expected to extend its losses after closing below the 20-MA line (red).

 

Resistance level: 0.9755, 0.9835

Support level: 0.9675, 0.9580