GCMAsia - USDCAD
USDCAD
2018-04-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2800 | H4 |
| Support | 1.2745 | H4 |
USDCAD, H4: USDCAD remained in consolidation phase after regaining its support near the threshold of 1.2745. MACD histogram which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction before extending its bearish bias thereafter.
Resistance level: 1.2800, 1.2860
Support level: 1.2745, 1.2705