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
2019-01-17
Resistance and Support Level Explanation
Resistance 0.9955 H4
Support 0.9900 H4

USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level at 0.9900. However, MACD which illustrate diminished bullish momentum suggests the pair to undergo technical correction in short term toward the support level at 0.9900.

Resistance level: 0.9955, 1.0005

Support level: 0.9900, 0.9855