GCMAsia - USDCAD

USDCAD
2018-04-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.2690 | H4 |
| Support | 1.2590 | H4 |

USDCAD, H4: USDCAD remains in a consolidation phase following prior retracement from the 20-MA line (red). However, MACD histogram which illustrate bullish signal may suggests the pair to be traded higher in short-term as technical correction before extending its overall major bearish trending.
Resistance level: 1.2690, 1.2750
Support level: 1.2590, 1.2525