GCMAsia - USDCAD

USDCAD
2018-09-24
Resistance and Support | Level | Explanation |
Resistance | 1.2975 | H4 |
Support | 1.2900 | H4 |
USDCAD, H4: USDCAD was recently traded higher following prior rebound from the support level 1.2900. Recent price action and MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.2975.
Resistance level: 1.2975, 1.3045
Support level: 1.2900, 1.2840