GCMAsia - USDCHF

USDCHF
2017-04-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.9975 | H1 |
| Support | 0.9955 | H1 |

USDCHF, H1: USDCHF were traded lower following prior retracement from the resistance level near 0.9990. With regards to the MACD histogram which begins to illustrate downward signal, USDCHF is suggested to move further downwards, towards the target of support level at 0.9955.
Resistance level: 0.9975, 0.9990
Support level: 0.9955, 0.9940