GCMAsia - USDCAD
USDCAD
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2590 | H4 |
| Support | 1.2525 | H4 |
USDCAD, H4: USDCAD extended its losses following prior breakout from the support level at 1.2590. However, MACD histogram which illustrate diminishing downward momentum may suggest the pair to be traded higher in short-term as technical correction before extending its bearish bias thereafter.
Resistance level: 1.2590, 1.2690
Support level: 1.2525, 1.2440