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GCMAsia - USDCHF
USDCHF
USDCHF
2017-03-30
Resistance and Support Level Explanation
Resistance 0.9990 H4
Support 0.9950 H4

USDCHF, H4: USDCHF was traded higher following previous rebound while closing above both moving average line. Referring to the upward signal line from MACD histogram indicator which continues to expand upwards, USDCHF is expected to extend its upward momentum after closing above the resistance level of 0.9990.

 

Resistance level: 0.9990, 1.0030

Support level: 0.9950, 0.9895