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GCMAsia - USDCHF
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