GCMAsia - USDCHF
USDCHF
2017-07-21
| Resistance and Support | Level | Explanation |
| Resistance | 0.9550 | Daily |
| Support | 0.9475 | Daily |
USDCHF, Daily: USDCHF extended its losses following prior closure below the support level of 0.9550 while currently testing at the bottom level of downward channel. Both MA lines which continues to expand downwards suggests USDCHF to extend its downtrend after breaking the bottom level of the channel.
Resistance level: 0.9550, 0.9620
Support level: 0.9475, 0.9400