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GCMAsia - USDCHF
USDCHF
USDCHF
2017-09-15
Resistance and Support Level Explanation
Resistance 0.9680 H4
Support 0.9580 H4

USDCHF, H4: USDCHF was traded lower following prior retracement while currently testing at the 20-MA line (red). Signal line from MACD histogram which begins to cross and expand downwards suggest downside bias for the pair to extend its losses after successfully closing below the 20-MA line (red).

 

Resistance level: 0.9680, 0.9760

Support level: 0.9580, 0.9495