GCMAsia - USDCHF

USDCHF
2017-05-24
| Resistance and Support | Level | Explanation |
| Resistance | 0.9765 | H4 |
| Support | 0.9700 | H4 |

USDCHF, H4: USDCHF was traded higher following prior rebound from the support level of 0.9700. As the MACD histogram continues to show upward signal and momentum, a closure above the resistance level of 0.9765 would suggest USDCHF to extend its retracement period towards the next target at 0.9820.
Resistance level: 0.9765, 0.9820
Support level: 0.9700, 0.9645