83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2018-11-16
Resistance and Support Level Explanation
Resistance 1.0095 H1
Support 1.0055 H1

USDCHF, H1: USDCHF remains traded within a descending channel following prior retrace from the top level of the channel. MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the threshold of 1.0055.

 

Resistance level: 1.0095, 1.0140

Support level: 1.0055, 1.0025