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GCMAsia - USDCAD
USDCAD
USDCAD
2017-08-02
Resistance and Support Level Explanation
Resistance 1.2580 H4
Support 1.2500 H4

USDCAD, H4: USDCAD extended gains following prior rebound while currently testing at the resistance level of 1.2580. Both MA lines which continues to narrow upwards suggests USDCAD to extend its uptrend after closing above the target of 1.2580.

 

Resistance level: 1.2580, 1.2660

Support level: 1.2500, 1.2410