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GCMAsia - USDCHF
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