GCMAsia - USDCAD
USDCAD
2017-11-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.2900 | H4 |
| Support | 1.2805 | H4 |
USDCAD, H4: USDCAD extended gains following prior rebound near the support level of 1.2805 while currently testing at the psychological resistance of 1.2900. Both MA lines which continues to expand upwards suggests further bullish bias while a closure above the target of 1.2900 would further validate its upside momentum.
Resistance level: 1.2900, 1.2950
Support level: 1.2805, 1.2750