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 - USDCAD
USDCAD
USDCAD
2018-03-05
Resistance and Support Level Explanation
Resistance 1.2930 H1
Support 1.2810 H1

USDCAD, H1: USDCAD was traded higher prior gaining its support at 1.2810. However, MACD signal line that shows a death-cross would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.

Resistance level: 1.2930, 1.2990

Support level: 1.2810, 1.2720