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071118 USDCAD

by | Nov 7, 2018 | USD/CAD | 0 comments

GCMAsia - USDCAD
USDCAD
USDCAD
2018-11-07
Resistance and Support Level Explanation
Resistance 1.3115 H4
Support 1.3080 H4

USDCAD, H4: USDCAD remains traded within an ascending channel while currently testing at the 20-MA line (red). MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below the 20-MA line (red).

 

Resistance level: 1.3115, 1.3155

Support level: 1.3080, 1.3050