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GCMAsia - USDCAD
USDCAD
USDCAD
2018-04-02
Resistance and Support Level Explanation
Resistance 1.2930 H1
Support 1.2870 H1

USDCAD, H1: USDCAD was traded lower prior retracement from resistance level at 1.2930. Formation of death-cross by MACD signal line would suggest the pair to extend its losses if breakout at the support level 1.2870 is successful.

Resistance level: 1.2930, 1.2960

Support level: 1.2870, 1.2840