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GCMAsia - USDCAD
USDCAD
USDCAD
2018-03-02
Resistance and Support Level Explanation
Resistance 1.2845 H4
Support 1.2775 H4

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.2845. MACD histogram which illustrate diminished upward signal and momentum suggests the pair to be traded lower in short-term as technical correction before extending its major bullish bias.

 

Resistance level: 1.2845, 1.2915

Support level: 1.2775, 1.2665