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GCMAsia - USDCAD
USDCAD
USDCAD
2018-07-27
Resistance and Support Level Explanation
Resistance 1.3075 H1
Support 1.3030 H1

USDCAD, H1: USDCAD was traded higher while currently testing the resistance level 1.3075. MACD which illustrate diminishing bullish momentum suggest the pair may extend its loss towards the support level 1.3030. However, a bearish candle or an engulfing candle is required for further confirmation.

 

Resistance level: 1.3075, 1.3115

Support level: 1.3030, 1.2955