GCMAsia - USDCHF

USDCHF
2017-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 0.9530 | H4 |
| Support | 0.9500 | H4 |

USDCHF, H4: USDCHF was traded lower following prior retracement while closing below the 60-MA line (green). MACD histogram which shows diminishing upward signal suggests USDCHF to extend its losses after breaking the support level at 0.9500.
Resistance level: 0.9530, 0.9560
Support level: 0.8500, 0.9460