GCMAsia - USDCHF
USDCHF
2017-03-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.9950 | H4 |
| Support | 0.9880 | H4 |
USDCHF, H4: USDCHF has extended its downtrend following prior formation of death cross by both MA lines while recently has rebounded from previous low of 0.9880. Recent rebound suggests USDCHF to experience brief technical correction and may be traded higher in the short-term. Otherwise, long-term trend direction still proposes the extension of downward momentum.
Resistance level: 0.9950, 0.9990
Support level: 0.9880, 0.9845