GCMAsia - USDCAD

USDCAD
2019-01-18
Resistance and Support | Level | Explanation |
Resistance | 1.3300 | H4 |
Support | 1.3190 | H4 |
USDCAD, H4: USDCAD remains traded in a sideway channel following recent retracement from the resistance level 1.3300. Due to lack of signal from MACD, it is suggested to wait until further signal appears such as breakout above or below the nearest resistance or support level before entering the market.
Resistance level: 1.3300, 1.3420
Support level: 1.3190, 1.3060