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GCMAsia - USDCAD
USDCAD
USDCAD
2017-09-05
Resistance and Support Level Explanation
Resistance 1.2420 H4
Support 1.2340 H4

USDCAD, H4: USDCAD was traded higher prior its rebound from support level at 1.2340. The pair is now testing the resistance level at 1.2420. Upward slope of MACD histogram suggests the pair to move higher, testing the resistance level at 1.2420 and then 1.2495.

Resistance level: 1.2420, 1.2495

Support level: 1.2340, 1.2190