83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2017-09-27
Resistance and Support Level Explanation
Resistance 0.9710 H4
Support 0.9670 H4

USDCHF, H4: USDCHF remains traded within an upward channel while recently closed above the 20-MA line (red). Such price action suggests short-term upside bias for the pair to be traded higher, towards the next target at 0.9710.

 

Resistance level: 0.9710, 0.9745

Support level: 0.9670, 0.9620