GCMAsia - 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