GCMAsia - USDCAD

USDCAD
2017-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.2915 | H1 |
| Support | 1.2895 | H1 |

USDCAD, H1: USDCAD extended its gains following prior closure above the 23.6 Fibonacci level of 1.2895. MACD histogram which illustrates substantial upward signal suggests USDCAD to extend its gains towards the resistance level at 1.2915.
Resistance level: 1.2915, 1.2935
Support level: 1.2895, 1.2875