GCMAsia - 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