GCMAsia - USDCHF
USDCHF
2017-04-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.0090 | H4 |
| Support | 1.0030 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retracement while currently testing near the support level of 1.0030. With regards to the MACD indicator which continues to drift outside of upward momentum, USDCHF is expected to extend its technical correction and to be traded lower in the short-term. Otherwise, long-term trend direction suggests USDCHF to move further upwards.
Resistance level: 1.0090, 1.0170
Support level: 1.0030, 0.9990