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GCMAsia - USDCHF
USDCHF
USDCHF
2017-11-09
Resistance and Support Level Explanation
Resistance 1.0020 H1
Support 1.0000 H1

USDCHF, H1: USDCHF remains traded within a downward channel while recently closed above the threshold of 1.0000. Both MA lines which continues to expand upwards after the formation of golden cross suggest USDCHF to extend its gains towards the top level of downward channel.

 

Resistance level: 1.0020, 1.0035

Support level: 1.0000, 0.9980