GCMAsia - USDCAD

USDCAD
2018-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3210 | H4 |
| Support | 1.3150 | H4 |

USDCAD, H4: USDCAD was traded lower while retest near the support level 1.3150. Price action and MACD with bearish signals suggest the pair could experience a short term technical correction towards the support level 1.3150 or the bottom of the channel before may resume its major trend.
Resistance level: 1.3210, 1.3260
Support level: 1.3150, 1.3110