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GCMAsia - USDCHF
USDCHF
USDCHF
2017-09-26
Resistance and Support Level Explanation
Resistance 0.9670 H4
Support 0.9620 H4

USDCHF, H4: USDCHF remains traded within an upward channel while recently closed below the 20-MA line (red). MACD indicator which illustrate diminishing upward momentum suggests possibility to occur a breakout from the channel and signal a change in trend direction to move further downwards thereafter.

 

Resistance level: 0.9670, 0.9710

Support level: 0.9620, 0.9580