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GCMAsia - USDCHF
USDCHF
USDCHF
2017-05-23
Resistance and Support Level Explanation
Resistance 0.9825 Daily
Support 0.9720 Daily

USDCHF, Daily: USDCHF remains hovered near the strong support level of 0.9720 following previous breakout from the bottom level of downward channel. As the MACD histogram continues to illustrate significant downward signal and momentum, a closure below the level of 0.9720 would suggest USDCHF to move further down towards the next target at the support level of 0.9635.

 

Resistance level: 0.9825, 0.9915

Support level: 0.9720, 0.9635