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110418 USDCHF

by | Apr 11, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-04-11
Resistance and Support Level Explanation
Resistance 0.9570 H1
Support 0.9530 H1

USDCHF, H1: USDCHF remains traded within a descending channel while currently testing at the upper level. MACD histogram which illustrate diminishing upward momentum may suggest the pair to be traded lower in short-term in the event of a bearish retrace from the upper level.

 

Resistance level: 0.9570, 0.9600

Support level: 0.9530, 0.9490