GCMAsia - USDCHF
USDCHF
2018-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 0.9850 | H1 |
| Support | 0.9830 | H1 |
USDCHF, H1: USDCHF remains traded within a sideways channel while currently testing at the bottom level. MACD histogram which shows diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction. Long-term trend direction can only be determined in the event of a breakout from either side of the channel.
Resistance level: 0.9850, 0.9890
Support level: 0.9830, 0.9790