GCMAsia - USDCHF

USDCHF
2017-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.9825 | Daily |
| Support | 0.9720 | Daily |

USDCHF, Daily: USDCHF has recently broke out from the bottom level of downward channel, signalling a change in trend direction to move further downwards. As the MACD histogram continues to illustrate significant downward signal and momentum, a closure below the support level of 0.9720 would suggest USDCHF to extend its downward momentum.
Resistance level: 0.9825, 0.9915
Support level: 0.9720, 0.9635