GCMAsia - USDCHF

USDCHF
2018-07-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.0050 | H4 |
| Support | 0.9990 | H4 |

USDCHF, H4: USDCHF was traded higher following recent breakout from the support level 0.9990. MACD which illustrate a diminished bearish bias and the starting formation of golden cross suggest the pair could extend its gains toward the resistance level 1.0050.
Resistance level: 1.0050, 1.0140
Support level: 0.9990, 0.9960