GCMAsia - USDCHF

USDCHF
2017-04-28
| Resistance and Support | Level | Explanation |
| Resistance | 0.9963 | H1 |
| Support | 0.9938 | H1 |

USDCHF, H1: USDCHF remains traded within a sideways channel while recently rebounded from the support level of 0.9938. It is expected to be traded higher in short-term, towards the target of resistance level at 0.9963. Otherwise, long-term trend direction could only be determined after USDCHF breakout from either side of the channel.
Resistance level: 0.9963, 0.9880
Support level: 0.9938, 0.9918, 0.9900