GCMAsia - USDCHF

USDCHF
2017-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.9775 | H4 |
| Support | 0.9740 | H4 |

USDCHF, H4: USDCHF was traded higher prior its failure to break below support level at 0.9740. Formation of pin bar and upward slope of MACD histogram suggest the pair to trade higher toward the resistance level at 0.9775.
Resistance level: 0.9775, 0.9820
Support level: 0.9740, 0.9695