83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCHF
USDCHF
USDCHF
2018-07-31
Resistance and Support Level Explanation
Resistance 0.9900 H1
Support 0.9875 H1

USDCHF, H1: USDCHF was traded lower while currently testing the support level 0.9875. MACD which illustrate bullish bias with golden cross formation suggest the pair may experience a short term technical correction towards resistance level 0.9900.

 

Resistance level: 0.9900, 0.9945

Support level: 0.9875, 0.9855