GCMAsia - USDCAD

USDCAD
2017-09-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2230 | H4 |
| Support | 1.2060 | H4 |

USDCAD, H4: USDCAD was traded lower following a retracement from the resistance level near 1.2160. However, MACD histogram which illustrate substantial upward momentum suggests USDCAD to advance upwards in short-term and retest at 1.2160.
Resistance level: 1.2230, 1.2335
Support level: 1.2060, 1.1920