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270918 USDCHF-Noon

by | Sep 27, 2018 | USD/CHF | 0 comments

GCMAsia - USDCHF
USDCHF
USDCHF
2018-09-27
Resistance and Support Level Explanation
Resistance 0.9700 H1
Support 0.9675 H1

USDCHF, H1: USDCHF was traded higher following recent breakout above the previous support level 0.9675. Recent price action and MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 0.9700.

 

Resistance level: 0.9700, 0.9755

Support level: 0.9675, 0.9650