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GCMAsia - USDCHF
USDCHF
USDCHF
2017-04-18
Resistance and Support Level Explanation
Resistance 1.0060 H4
Support 1.0005 H4

USDCHF, H4: USDCHF remains traded within a range in between 1.0005 and 1.0060 while recently closed below the 20-moving average line (red). It is expected to be traded lower in short-term, towards the lower level of the range. Long-term trend direction could only be determined after a successful breakout from either side of the range.

 

Resistance level: 1.0060, 1.0110

Support level: 1.0005, 0.9955