GCMAsia - USDCHF
USDCHF
2018-08-20
| Resistance and Support | Level | Explanation |
| Resistance | 0.9955 | H1 |
| Support | 0.9935 | H1 |
USDCHF, H1: USDCHF was traded higher following prior rebound from the bottom level of the symmetrical triangle. Due to the lack of momentum and signal from MACD, it is suggested to wait until further clear signal appear such as breakout above or below the resistance level 0.9960 and support level 0.9940 before entering the market.
Resistance level: 0.9955, 0.9975
Support level: 0.9935, 0.9920