83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - USDCAD
USDCAD
USDCAD
2017-04-03
Resistance and Support Level Explanation
Resistance 1.3355 Daily
Support 1.3280 Daily

USDCAD, Daily: USDCAD was traded lower following prior retracement from the 20-moving average line (red). As the MACD histogram continues to illustrate downward signal and momentum, USDCAD is expected to advance further down and retest near the strong support level of 1.3280.

 

Resistance level: 1.3355, 1.3450

Support level: 1.3280, 1.3210