GCMAsia - USDCHF

USDCHF
2017-05-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.9845 | H4 |
| Support | 0.9785 | H4 |

USDCHF, H4: USDCHF has recently closed above the Fibonacci level of 23.6 at 0.9785, suggesting an extension of upward momentum. MACD histogram which illustrates significant upward signal and momentum suggest USDCHF to move further up, towards the target of resistance level at 0.9845.
Resistance level: 0.9845, 0.9895
Support level: 0.9785, 0.9690