GCMAsia - USDCHF
USDCHF
2017-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 0.9880 | H1 |
| Support | 0.9825 | H1 |
USDCHF, H1: USDCHF was traded lower prior its retracement from the trendline of ascending channel. Formation of engulfing candlestick and death-cross as shown by MACD signal line suggest the pair to undergo short-term technical correction to extend losses toward support level at 0.9825.
Resistance level: 0.9880, 0.9915
Support level: 0.9825, 0.9805