GCMAsia - USDCAD
USDCAD
2018-03-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H4 |
| Support | 1.2805 | H4 |
USDCAD, H4: USDCAD was traded lower following prior failure to close above the resistance level at 1.2930. Both MA lines which continues to narrow downwards suggests further bearish bias for the pair after a successful retrace from the target of 1.2930.
Resistance level: 1.2930, 1.2990
Support level: 1.2805, 1.2735