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101017 USDCAD

by | Oct 10, 2017 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2017-10-10
Resistance and Support Level Explanation
Resistance 1.2600 H4
Support 1.2470 H4

USDCAD, H4: USDCAD remains traded within an upward channel while currently testing at the support level of 1.2525. A breakout from this level would suggest short-term downside bias for the pair to extend its losses towards the lower level of the channel.

 

Resistance level: 1.2600, 1.2665

Support level: 1.2470, 1.2415