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.

201017 USDCHF

by | Oct 20, 2017 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2017-10-20
Resistance and Support Level Explanation
Resistance 0.9800 H1
Support 0.9760 H1

USDCHF, H1: USDCHF pared some of its losses following prior rebound from the support level of 0.9735. Recent closure above the 20-MA line while coupled with golden cross formation from MACD histogram suggests the pair to advance towards the next target at 60-MA line (green) and resistance level of 0.9800.

 

Resistance level: 0.9800, 0.9835

Support level: 0.9760, 0.9735