GCMAsia - USDCAD
USDCAD
2018-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3085 | H1 |
| Support | 1.3050 | H1 |
USDCAD, H1: USDCAD was traded lower following prior breakout above the previous resistance level 1.3085 and currently hovering around the level. Price action and MACD which display bearish signal with death cross formation suggest the pair to continue its decline towards the support level 1.3050.
Resistance level: 1.3085, 1.3115
Support level: 1.3050, 1.3120