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GCMAsia - USDCHF
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