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GCMAsia - USDCAD
USDCAD
USDCAD
2018-03-29
Resistance and Support Level Explanation
Resistance 1.2930 H1
Support 1.2880 H1

USDCAD, H1: USDCAD extended its gains following prior breakout from the top level of descending triangle. However, MACD histogram which illustrate diminishing upward momentum may suggest the pair to be traded lower in short-term as technical correction.

 

Resistance level: 1.2930, 1.2955

Support level: 1.2880, 1.2835