GCMAsia - USDCAD

USDCAD
2018-11-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | H1 |
| Support | 1.3210 | H1 |

USDCAD, H1: USDCAD remains traded within a sideways channel following prior retracement from the resistance level 1.3260. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its retracement towards the support level 1.3210.
Resistance level: 1.3260, 1.3290
Support level: 1.3210, 1.3165