GCMAsia - USDCHF
USDCHF
2017-05-25
| Resistance and Support | Level | Explanation |
| Resistance | 0.9825 | Daily |
| Support | 0.9720 | Daily |
USDCHF, Daily: USDCHF has resumed its downward momentum following prior retracement from the bottom level of the downward channel, signalling a resume in downtrend. As the MACD histogram continues to illustrate downward signal, a closure below the support level of 0.9720 would suggest USDCHF to extend its downtrend.
Resistance level: 0.9825, 0.9910
Support level: 0.9720, 0.9635