GCMAsia - USDCAD

USDCAD
2018-05-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2900 | Daily |
| Support | 1.2770 | Daily |

USDCAD, D1: USDCAD was traded lower prior breaking support level at 1.2900 and the pair is currently testing the next support level at 1.2770. MACD signal line that displayed a death-cross would suggest the pair to extend its losses if candlestick successfully closes below the said support level.
Resistance level: 1.2900, 1.2970
Support level: 1.2770, 1.2680