GCMAsia - USDCAD

USDCAD
2017-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.2615 | H4 |
| Support | 1.2530 | H4 |

USDCAD, H4: USDCAD was traded higher prior its rebound from support level at 1.2530. Formation of pin bar and upward sloping of MACD histogram gives a signal to USDCAD to continue its gains toward the next resistance level at 1.2615.
Resistance level: 1.2615, 1.2740
Support level: 1.2530, 1.2420