GCMAsia - USDCHF
USDCHF
2017-05-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.0090 | H4 |
| Support | 1.0050 | H4 |
USDCHF, H4: USDCHF was a tad lower following prior retrace from the resistance level at 1.0090. Such retracement suggests USDCHF to be traded lower in short-term as technical correction. Likewise, long-term trend direction still suggests USDCHF to advance further upwards as MACD histogram continues to illustrate upward signal and momentum.
Resistance level: 1.0090, 1.0130
Support level: 1.0050, 1.0010