GCMAsia - USDCHF

USDCHF
2017-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.0000 | H1 |
| Support | 0.9980 | H1 |

USDCHF, H1: USDCHF remains traded within a downward channel while recently rebounded from the support level of 0.9980. Such price action while coupled with both MA line which continues to narrow upwards suggest the pair to extend its gains towards the direction of 1.0000.
Resistance level: 1.0000, 1.0020
Support level: 0.9980, 0.9950