GCMAsia - USDCHF

USDCHF
2017-08-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.9780 | Daily |
| Support | 0.9645 | Daily |

USDCHF, Daily: USDCHF was traded higher after it failed to break support level at 0.9645. Formation bullish engulfing candlestick gives a signal to USDCHF to extend its momentum to move higher, testing the next resistance level at 0.9780.
Resistance level: 0.9780, 0.9885
Support level: 0.9645, 0.9440