GCMAsia - USDCHF
USDCHF
2017-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 0.9900 | H4 |
| Support | 0.9840 | H4 |
USDCHF, H4: USDCHF was traded lower following prior retrace while currently consolidating near the resistance level of 0.9900. Recent retracement suggests higher selling momentum from the upside which may place further pressure on the pair to extend its losses after closing below the 20-MA line (red).
Resistance level: 0.9900, 0.9950
Support level: 0.9840, 0.9800