GCMAsia - USDCHF
USDCHF
2017-03-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.0030 | H4 |
| Support | 0.9990 | H4 |
USDCHF, H4: USDCHF has extended its uptrend following previous rebound from the support level of 0.9950 while closing above the strong resistance level at 0.9990. As both moving average line crosses to form a golden cross formation while coupled with upward signal and momentum from MACD histogram, USDCHF is expected to move further upwards towards the target of resistance level at 1.0030.
Resistance level: 1.0030, 1.0090
Support level: 0.9990, 0.9950