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.
GCMAsia - USDCHF
USDCHF
USDCHF
2017-06-22
Resistance and Support Level Explanation
Resistance 0.9730 H4
Support 0.9710 H4

USDCHF, H4: USCHF has recently broke out from the bottom level of the upward channel, signalling a change in trend direction to move further downwards. It is expected to extend its losses after breaking the target of support level at 0.9710.

 

Resistance level: 0.9730, 0.9770

Support level: 0.9710, 0.9690