GCMAsia - 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