GCMAsia - USDCHF

USDCHF
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.9570 | H4 |
| Support | 0.9545 | H4 |

USDCHF, H4: USDCHF was traded higher following prior rebound near the support level of 0.9520. It is expected to be traded higher in short-term as technical correction. Otherwise, long-term trend direction suggests USDCHF to extend its losses as both MA lines continue to expand downwards.
Resistance level: 0.9570, 0.9600
Support level: 0.9545, 0.9520