GCMAsia - USDCHF

USDCHF
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 0.9885 | H1 |
| Support | 0.9850 | H1 |

USDCHF, H1: USDCHF was traded lower following prior retracement from the 20-MA line (red). Both lines which has formed a death cross signal and continues to expand downwards suggests the pair to advance further down, towards the direction of 0.9850.
Resistance level: 0.9885, 0.9905
Support level: 0.9850, 0.9810