GCMAsia - USDCAD

USDCAD
2018-05-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H4 |
| Support | 1.2815 | H4 |

USDCAD, H4: USDCAD remains traded within a narrowing triangle while currently testing at the upper level. MACD histogram which illustrate diminished upward momentum may suggests the pair to be traded lower in short-term in the event of a closure below the 60-MA line (green).
Resistance level: 1.2930, 1.2995
Support level: 1.2815, 1.2735