GCMAsia - USDCHF

USDCHF
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 0.9890 | H4 |
| Support | 0.9860 | H4 |

USDCHF, H4: USDCHF has recently slipped out from the bottom level of sideways channel, signalling a change in trend direction to move further downwards. As the MACD histogram continues to illustrate downward signal and momentum, a closure below the support level of 0.9860 would suggest USDCHF to move further downwards.
Resistance level: 0.9890, 0.9935, 0.9963
Support level: 0.9860, 0.9810