GCMAsia - USDCHF
USDCHF
2018-07-30
| Resistance and Support | Level | Explanation |
| Resistance | 0.9970 | H1 |
| Support | 0.9945 | H1 |
USDCHF, H1: USDCHF remains traded in a consolidation phase while the price has failed to break through the resistance level 0.9970 and currently retest back the support level 0.9945. Although MACD which illustrate a diminished bearish momentum and price action hinted a bullish trend formation. A breakout above the resistance level 0.9970 is required for further confirmation.
Resistance level: 0.9970, 1.0030
Support level 0.9945, 0.9900