GCMAsia - USDCHF

USDCHF
2017-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 0.9950 | H4 |
| Support | 0.9895 | H4 |

USDCHF, H4: USDCHF was traded higher following prior rebound from the support level of 0.9810 while currently testing in between both moving average line. Referring to the MACD histogram which continues to show upward signal and momentum, a successful closure above the resistance level of 0.9950 would suggest USDCHF to extend its current upward momentum.
Resistance level: 0.9950, 0.9990
Support level: 0.9895, 0.9810