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GCMAsia - USDCAD
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