GCMAsia - USDCAD
USDCAD
2017-09-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2500 | H4 |
| Support | 1.2420 | H4 |
USDCAD, H4: USDCAD was traded higher following prior closure above the resistance level of 1.2420 while currently testing at the top level of upward channel. Both MA lines which continues to expand upwards suggests possibility to occur a breakout and signal an extension to its upward momentum thereafter.
Resistance level: 1.2500, 1.2625
Support level: 1.2420, 1.2335