GCMAsia - USDCHF

USDCHF
2017-05-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.0010 | H4 |
| Support | 0.9980 | H4 |

USDCHF, H4: USDCHF rose sharply following prior rebound from the support level of 0.9860. Looking into MACD histogram which continues to illustrate upward signal that continues to expand upwards, USDCHF is expected to move further up towards the target of resistance level at 1.0010.
Resistance level: 1.0010, 1.0050
Support level: 0.9980, 0.9950