GCMAsia - USDCHF
USDCHF
2017-04-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.0045 | H1 |
| Support | 1.0025 | H1 |
USDCHF, H1: USDCHF was traded higher following prior rebound from the strong support level of 1.0025 while currently testing near the resistance level of 1.0045. However, as the MACD indicator continues to hover outside of upward momentum, USDCHF may be traded lower in the short-term as technical correction. Otherwise, long-term trend direction still suggests USDCHF to move further upwards.
Resistance level: 1.0045, 1.0075
Support level: 1.0025, 1.0010