GCMAsia - 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