GCMAsia - USDCHF
USDCHF
2017-03-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.9950 | H1 |
| Support | 0.9925 | H1 |
USDCHF, H1: USDCHF has recently slipped out from the bottom level of upward channel, signifying a change in trend direction to move further downwards. As both moving average line continues to expand downwards after the formation of death cross, USDCHF is expected to extend its downward momentum after a closure below the support level of 0.9925.
Resistance level: 0.9950, 0.9970
Support level: 0.9925, 0.9900