GCMAsia - USDCAD

USDCAD
2018-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.3000 | H1 |
| Support | 1.2895 | H1 |

USDCAD, H1: USDCAD was traded lower following prior retracement and closure below the threshold at 1.3000. MACD histogram which illustrate downward signal suggests the pair to be traded lower in short-term as technical correction, towards the upward trendline.
Resistance level: 1.3000, 1.3055
Support level: 1.2895, 1.2830