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110717 USDCHF

by | Jul 11, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-07-11
Resistance and Support Level Explanation
Resistance 0.9685 H4
Support 0.9660 H4

USDCHF, H4: USDCHF has recently broke out from the top of narrowing triangle, signalling a change in trend direction to move further upwards. MACD histogram which illustrates substantial upward signal suggests USDCHF to extend its uptrend after closing above the level of 0.9685.

 

Resistance level: 0.9685, 0.9720

Support level: 0.9660, 0.9635