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GCMAsia - USDCHF
USDCHF
USDCHF
2018-05-23
Resistance and Support Level Explanation
Resistance 0.9930 H4
Support 0.9900 H4

USDCHF, H4: USDCHF extended losses after breaking the bottom level of descending wedge. Both MA line and MACD histogram which illustrate bearish bias may suggests the pair to extend its downward momentum, towards the direction of target at 0.9900.

 

Resistance level: 0.9930, 0.9995

Support level: 0.9900, 0.9860