GCMAsia - USDCHF

USDCHF
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.0020 | H4 |
| Support | 0.9970 | H4 |

USDCHF, H4: USDCHF was traded higher while currently testing near the resistance level at 1.0020. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gains after successfully breakout the resistance level at 1.0020.
Resistance level: 1.0020, 1.0060
Support level: 0.9970, 0.9940