GCMAsia - USDCHF

USDCHF
2018-02-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.9395 | H1 |
| Support | 0.9365 | H1 |

USDCHF, H1: USDCHF remains traded within a descending channel following prior retracement from the top level. MACD histogram which continues to illustrate diminishing upward signal suggest the pair to extend its losses in the short-term after closing below the 20-MA line (red) and support level at 0.9365.
Resistance level: 0.9395, 0.9440
Support level: 0.9365, 0.9325