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260418 USDCAD

by | Apr 26, 2018 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2018-04-26
Resistance and Support Level Explanation
Resistance 1.2860 H4
Support 1.2795 H4

USDCAD, H4: USDCAD was traded lower following prior retracement and closure below the target of 1.2860. MACD histogram which begins to form a death cross signal suggests the pair to extend its losses after a successful closure below the 20-MA line (red).

 

Resistance level: 1.2860, 1.2920

Support level: 1.2795, 1.2750