GCMAsia - USDCAD

USDCAD
2017-08-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.2775 | H1 |
| Support | 1.2720 | H1 |

USDCAD, H1: USDCAD was traded lower prior its retracement from resistance level at 1.2775. Downward slope of MACD histogram suggests USDCAD to continue its downward movement, testing the next support level at 1.2720.
Resistance level: 1.2775, 1.2855
Support level: 1.2720, 1.2690