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GCMAsia - USDCHF
USDCHF
USDCHF
2018-12-05
Resistance and Support Level Explanation
Resistance 1.0005 H4
Support 0.995 H4

USDCHF, H4: USDCHF was traded higher in sideway channel following prior rebound from the support level at 0.9955. Due to lack of signal from MACD, a retracement from or breakout above the resistance level is required to attain further confirmation before entering the market.

Resistance level: 1.0005, 1.0045

Support level: 0.9955, 0.9920