GCMAsia - USDCAD

USDCAD
2018-05-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2895 | H4 |
| Support | 1.2830 | H4 |

USDCAD, H4: USDCAD remains traded within a sideways channel following prior re-entry from the bottom level. Stochastic Oscillator which currently hovers at the overbought region suggest some bearish bias. Thus, a retracement from the top level of the channel may further validate such signal.
Resistance level: 1.2895, 1.2930
Support level: 1.2830, 1.2760