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GCMAsia - USDCHF
USDCHF
USDCHF
2017-08-09
Resistance and Support Level Explanation
Resistance 0.9705 H1
Support 0.9660 H1

USDCHF, H1: USDCHF was traded higher following prior rebound near the support level of 0.9660. Such price movement suggests USDCHF to be traded higher in short-term as technical correction. However, MACD histogram which illustrate negative divergence suggests further downside bias in long-term.

 

Resistance level: 0.9705, 0.9735

Support level: 0.9660, 0.9630