GCMAsia - USDCHF

USDCHF
2018-08-17
Resistance and Support | Level | Explanation |
Resistance | 0.9975 | H1 |
Support | 0.9955 | H1 |
USDCHF, H1: USDCHF was traded lower following prior retracement from the resistance level 0.9975. MACD which illustrate diminished bullish momentum and starting formation of death cross suggest the pair to extend its bearish momentum towards the support level 0.9955.
Resistance level: 0.9975, 1.0005
Support level: 0.9955, 0.9925