GCMAsia - USDCHF
USDCHF
2017-04-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.0005 | H4 |
| Support | 0.9955 | H4 |
USDCHF, H4: USDDCHF has previously breakout from the lower level of trading range, signifying a change in trend direction to move further downwards. However, prior rebound from the support level of 0.9955 would suggest USDCHF to be traded higher in short-term as technical correction. Otherwise, long-term trend direction still suggests USDCHF to move further downwards.
Resistance level: 1.0005, 1.0060
Support level: 0.9955, 0.9900