GCMAsia - USDCAD

USDCAD
2017-11-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.2900 | H4 |
| Support | 1.2805 | H4 |

USDCAD, H4: USDCAD sheds its prior gains following prior failure to break the resistance level at 1.2900. MACD histogram which illustrate the expansion of both signal line while heading downwards suggest the pair to move further down, towards the support level of 1.2805.
Resistance level: 1.2900, 1.2950
Support level: 1.2805, 1.2750