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GCMAsia - USDCHF
USDCHF
USDCHF
2019-01-16
Resistance and Support Level Explanation
Resistance 0.9920 H4
Support 0.9855 H4

USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level 0.9855. However, MACD which illustrate diminishing bullish momentum suggest the pair experience a short term technical correction towards the support level 0.9855 before resume its trend.

 

Resistance level: 0.9920, 0.9985

Support level: 0.9855, 0.9790