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GCMAsia - USDCHF
USDCHF
USDCHF
2018-06-20
Resistance and Support Level Explanation
Resistance 0.9950 H1
Support 0.9935 H1

USDCHF, H1: USDCHF remains traded within a descending channel while recently rebounded from the support level of 0.9935. Recent price action suggests further bullish bias for short-term in the event of a successful closure above the 60-MA line (green) at 0.9950.

 

Resistance level: 0.9950, 0.9980

Support level: 0.9935, 0.9920