GCMAsia - USDCHF
USDCHF
2017-05-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.9765 | H4 |
| Support | 0.9700 | H4 |
USDCHF, H4: USDCHF continued to be traded within a narrow range in between 0.9700 and 0.9765. Recent rebound suggests USDCHF to extend its short-term upward momentum towards the target of resistance level at 0.9765. Otherwise, long-term trend direction could only be determined after a successful breakout from either side of the range.
Resistance level: 0.9765, 0.9820
Support level: 0.9700, 0.9645