GCMAsia - 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