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GCMAsia - USDCAD
USDCAD
USDCAD
2018-11-29
Resistance and Support Level Explanation
Resistance 1.3315 H4
Support 1.3260 H4

USDCAD, H4: USDCAD was traded lower while currently testing the support level 1.3260. MACD which illustrate bearish momentum with the formation of death cross and negative divergence suggest the pair to extend its losses after it breaks below the support level 1.3260.

 

Resistance level: 1.3315, 1.3360

Support level: 1.3260, 1.3180