GCMAsia - USDCAD

USDCAD
2018-05-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.2865 | H4 |
| Support | 1.2805 | H4 |

USDCAD, H4: USDCAD remains traded within a sideways channel following prior rebound from the mid-level. Recent closure above the 20-MA line (red) suggests further bullish bias for the pair to extend its gains towards the direction of resistance level near 1.2865.
Resistance level: 1.2865, 1.2900
Support level: 1.2805, 1.2755