GCMAsia - USDCHF

USDCHF
2018-04-17
| Resistance and Support | Level | Explanation |
| Resistance | 0.9600 | H4 |
| Support | 0.9570 | H4 |

USDCHF, H4: USDCHF was traded lower following prior retracement while forming a double top with strong resistance at 0.9640. MACD histogram which illustrate substantial downward signal and momentum suggests the pair to extend its losses after closing below the 60-MA line (green).
Resistance level: 0.9600, 0.9620
Support level: 0.9570, 0.9530