GCMAsia - USDCHF
|Resistance and Support||Level||Explanation|
USDCHF, H4: USDCHF remained traded within a downward channel while recently rebounded from the support level of 0.9665. As the MACD indicator begins to hover outside of upward momentum, it suggested further downside bias for USDCHF to be traded lower in short-term within the downward channel.
Resistance level: 0.9725, 0.9800
Support level: 0.9665, 0.9610