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180517 USDCHF

by | May 18, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-05-18
Resistance and Support Level Explanation
Resistance 0.9820 H1
Support 0.9770 H1

USDCHF, H1: USDCHF was traded higher following prior rebound from the support level of 0.9770 while closing above the 20-moving average line (red). MACD histogram which illustrates upward signal suggests USDCHF to extend its retracement period after closing above the resistance level of 0.9820.

 

Resistance level: 0.9820, 0.9865

Support level: 0.9770, 0.9730