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180518 USDCHF

by | May 18, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-05-18
Resistance and Support Level Explanation
Resistance 1.0017 H1
Support 1.0000 H1

USDCHF, H1: USDCHF remains traded within a narrowing triangle while currently testing at the lower level. MACD histogram which forms a death cross signal suggests the pair to extend its losses after successfully breaking out from the bottom level of the triangle.

 

Resistance level: 1.0017, 1.0035

Support level: 1.0000, 0.9980