GCMAsia - 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