GCMAsia - USDCHF

USDCHF
2017-05-17
| Resistance and Support | Level | Explanation |
| Resistance | 0.9855 | H4 |
| Support | 0.9810 | H4 |

USDCHF, H4: USDCHF experienced broad selling pressure after both moving average line forms a death cross formation. With regards to MACD histogram that shows downward signal and momentum, a closure below the support level of 0.9810 would suggest USDCHF to move further downwards.
Resistance level: 0.9855, 0.9900
Support level: 0.9810, 0.9765