GCMAsia - 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