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240518 USDCHF

by | May 24, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-05-24
Resistance and Support Level Explanation
Resistance 0.9990 H4
Support 0.9930 H4

USDCHF, H4: USDCHF was traded lower following prior retracement from the 20-MA line (red). Both MA line which continues to expand downward suggests further bearish bias. However, a close below 0.9930 is required to attain further validation.

 

Resistance level: 0.9990, 1.0055

Support level: 0.9930, 0.9900