GCMAsia - USDCAD

USDCAD
2018-09-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.2975 | H4 |
| Support | 1.2900 | H4 |

USDCAD, H4: USDCAD was recently traded lower following prior breakout below the previous support level 1.2975. Recent price movement and MACD which illustrate bearish signal and the formation of a death cross suggest the pair to extend its losses towards the support level 1.2900.
Resistance level: 1.2975, 1.3045
Support level: 1.2900, 1.2840