GCMAsia - USDCHF
USDCHF
2018-03-15
| Resistance and Support | Level | Explanation |
| Resistance | 0.9455 | H4 |
| Support | 0.9385 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retracement from the 20-MA line (red) and resistance level near 0.9455. Such price action suggests further bearish bias on the upside and thus, a close below the 60-MA line (green) would suggest the pair to extend its losses towards the upward trendline.
Resistance level: 0.9455, 0.9510
Support level: 0.9385, 0.9330