GCMAsia - USDCAD

USDCAD
2018-04-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.2590 | H1 |
| Support | 1.2560 | H1 |

USDCAD, H1: USDCAD was traded higher following prior rebound while currently re-enters into prior sideways channel formation. MACD histogram which illustrate upward signal suggests the pair to advance further up, towards the direction of 60-MA line (green) and resistance level near 1.2590.
Resistance level: 1.2590, 1.2620
Support level: 1.2560, 1.2525