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101117 USDCHF

by | Nov 10, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-11-10
Resistance and Support Level Explanation
Resistance 0.9950 H4
Support 0.9900 H4

USDCHF, H4: USDCHF has recently broke out from the bottom level of narrowing triangle, indicating a change in trend direction to move further downwards. Recent formation of death cross by both MA line suggest the pair to extend its losses towards the next target at 0.9900.

 

Resistance level: 0.9950, 1.0000

Support level: 0.9900, 0.9840