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GCMAsia - USDCHF
USDCHF
USDCHF
2017-08-21
Resistance and Support Level Explanation
Resistance 0.9850 Weekly
Support 0.9435 Weekly

USDCHF, Weekly: USDCHF was traded higher prior its rebound from support level at 0.9435. Successful breakout above 200-MA line and cross-over of MACD signal line suggests USDCHF to gain its momentum to move higher, testing the next resistance level at 0.9850.

Resistance level: 0.9850, 1.0150

Support level: 0.9435, 0.9070