GCMAsia - USDCAD

USDCAD
2018-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2930 | H1 |
| Support | 1.2880 | H1 |

USDCAD, H1: USDCAD remains traded within an ascending triangle following prior retracement from the top level. Diminishing upward momentum from the MACD histogram suggests the pair to extend its losses in short-term after a successful closure below the 20-MA line (red).
Resistance level: 1.2930, 1.2955
Support level: 1.2880, 1.2835