83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2018-12-12
Resistance and Support Level Explanation
Resistance 1.3385 H4
Support 1.3330 H4

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level 1.3380. MACD which illustrate bearish bias with the formation of death cross suggest the pair to extend its retracement towards the support level 1.3330

 

Resistance level: 1.3385, 1.3440

Support level: 1.3330, 1.3260