GCMAsia - USDCHF
USDCHF
2018-03-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.9455 | H4 |
| Support | 0.9385 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retrace from the 20-MA line (red). Stochastic Oscillator which illustrate imminent retrace signal from the overbought region suggests the possibility for the pair to be traded lower in short-term as technical correction. Otherwise, long-term trend direction remains biased towards bullish.
Resistance level: 0.9455, 0.9510
Support level: 0.9385, 0.9330