GCMAsia - USDCHF
USDCHF
2017-04-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.9960 | H4 |
| Support | 0.9925 | H4 |
USDCHF, H4: USDCHF were traded lower while currently struggling near the strong support level of 0.9925. As the MACD indicator remains hovered outside of downward momentum, USDCHF is suggested to be traded higher in short-term as technical correction. Long-term trend direction suggests a continuation of downtrend after breaking the support level of 0.9925.
Resistance level: 0.9960, 0.9995
Support level: 0.9925, 0.9875