GCMAsia - USDCHF
USDCHF
2017-06-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.9590 | H4 |
| Support | 0.9550 | H4 |
USDCHF, H4: USDCHF were traded lower following prior closure below the support level of 0.9590. The MACD histogram indicator illustrates diminishing downward signal which suggests USDCHF to be traded higher in short-term as technical correction. Otherwise, long-term trend direction still suggests further downward bias for USDCHF.
Resistance level: 0.9590, 0.9625
Support level: 0.9550, 0.9520