GCMAsia - USDCHF
USDCHF
2017-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 0.9800 | H1 |
| Support | 0.9760 | H1 |
USDCHF, H1: USDCHF extended its losses while recently broke out from the bottom level of upward channel, signalling a change in trend direction to move further down. MACD histogram which illustrate prominent downward signal suggest the pair to move further down towards the 60-MA line (green) and the target of 0.9760.
Resistance level: 0.9800, 0.9835
Support level: 0.9760, 0.9735