GCMAsia - USDCAD
USDCAD
2018-03-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2990 | H4 |
| Support | 1.2925 | H4 |
USDCAD, H4: USDCAD was traded lower following prior retracement from the minor resistance at 1.2990. MACD histogram which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction. Otherwise, long-term trend direction still skew towards bullish.
Resistance level: 1.2990, 1.3060
Support level: 1.2925, 1.2820