GCMAsia - USDCHF
USDCHF
2017-08-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.9765 | H4 |
| Support | 0.9685 | H4 |
USDCHF, H4: USDCHF was traded lower after it retraced from resistance level at 0.9765. Formation of pin bar together with downward slope of MACD histogram indicates USDCHF to further its downward movement, testing the next support level at 0.9685.
Resistance level: 0.9765, 0.9800
Support level: 0.9685, 0.9640