GCMAsia - USDCHF
USDCHF
2017-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.9680 | H4 |
| Support | 0.9620 | H4 |
USDCHF, H4: USDCHF extended its losses following the formation of death cross by both MA lines. However, as the MACD indicator begins to hover outside of downward momentum, USDCHF is suggested to be traded higher in short-term as technical correction. Long-term trend direction still suggests USDCHF to extend its losses.
Resistance level: 0.9680, 0.9740
Support level: 0.9620, 0.9570