83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2017-06-19
Resistance and Support Level Explanation
Resistance 0.9800 Daily
Support 0.9725 Daily

USDCHF, Daily: USDCHF extended its upward momentum after closing above the 23.6 Fibonacci level at 0.9725. Referring to the MACD histogram which illustrate substantial upward signal and momentum, it suggests upward bias for USDCHF to advance towards 0.9800.

 

Resistance level: 0.9800, 0.9855

Support level: 0.9725, 0.9610