GCMAsia - USDCHF

USDCHF
2017-04-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.9970 | H1 |
| Support | 0.9950 | H1 |

USDCHF, H1: USDCHF remains under pressured following prior retracement from the strong resistance level of 0.9970. As the signal line from MACD histogram begins to cross and forms an imminent downward signal, USDCHF is expected to advance further down after a successful closure below the support level of 0.9950.
Resistance level: 0.9970, 0.9990
Support level: 0.9950, 0.9930